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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 8-207

Forsyth, MO, 65653

2 bd2 ba1,822 sqftBuilt 1994

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60326926

List price

$264,900

$145/sqft

Listing description
Enjoy maintenance-free lake living in this one-of-a-kind, beautifully updated lakeview condo offering over 1,800 square feet of comfortable living space. This spacious 2-bedroom, 2-bath residence features a unique floor plan with a wraparound patio extending the length of the condo, with direct access to from both bedrooms as well as the den, leading to a private outdoor patio, semi-attached one-car garage, and two additional parking spaces.Inside, quality upgrades are evident throughout, including rich wood and artisan tile flooring, custom lighting, granite countertops, custom cabinetry, and abundant natural light from upgraded windows and doors installed in 2019. The open-concept layout seamlessly connects the living room, dining area, kitchen, and attached den, creating an inviting space for entertaining and everyday living. The versatile den adds additional living space and ideal for a home office, study, or potential third sleeping area. The kitchen offers generous storage and workspace, complemented by a large walk-in pantry.A spacious laundry room provides exceptional storage with additional cabinetry and a utility sink. The guest bedroom features direct patio access, while the nearby full bath is perfect for family and visitors. The generous primary suite serves as a private retreat with patio access, an updated bath featuring a walk-in shower, and an impressive 13' x 7' walk-in closet.Additional features include a newer Trane HVAC system (2020), Natural Sof (water system added in 2025), two outdoor storage closets, and energy-efficient construction. Being partially underground not only offers added storm protection but also contributes to remarkably low utility costs. Professionally painted throughout in 2025,New garage door opener added in 2026, Ring security system with 3 cameras.The exceptional amenities of Taneycomo Terrace, including a private boat launch, fishing docks, three swimming pools, fitness center, community room.
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$886

Cap rate

2.4%

Cash-on-cash

-20.1%

DSCR

0.37

Est. annual revenue$14,451
Property tax($1,169)
Insurance($1,060)
Utilities($0)
HOA($4,056)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($8,163)
Net operating income$6,288
Down payment$52,980
Loan amount$211,920
Monthly payment (P&I)$1,409.91
Annual debt service($16,919)
Annual cash flow-$10,630

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Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

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