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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 241

Forsyth, MO, 65653

2 bd2 ba1,301 sqftBuilt 1996

Listing courtesy of Keller Williams Local · (417) 883-4900 · MLS# SOM60333540

List price

$182,000

4% price cut$190,000

$140/sqft

Listing description
BRING YOUR SUITCASE AND START ENJOYING LAKE LIFE! This furnished, walk-in 2-bedroom, 2-bath condo combines an elevated Lake Taneycomo view, spacious floor plan and private one-car garage--all without the hassle of stairs. Located in Building 9 of Taneycomo Terrace, this desirable upper-level condo features a spacious living area with cathedral ceiling, abundant built-in cabinetry and plenty of room for entertaining or simply relaxing and enjoying the view. Step outside onto the covered deck that extends from the living room to the primary bedroom, providing access from both spaces and plenty of room to enjoy the peaceful lake and Ozarks scenery. The deck also includes a convenient storage closet for outdoor and seasonal items. Inside, the generous primary suite, second bedroom and full guest bath provide comfortable accommodations for owners and guests, while the separate laundry area and extensive storage make full- or part-time living easy. Additional features include an electric tankless water heater so no waiting for hot showers, water softener, and A/C replaced in 2026. . Even better, this condo is being offered furnished, allowing the next owner to begin enjoying it right away. The private one-car garage with convenient covered walkway access is another tremendous bonus. Taneycomo Terrace offers a peaceful setting just minutes from the conveniences of Forsyth and an easy drive to Branson. Whether you're looking for a full-time residence or your own low-maintenance Ozarks getaway, Unit 241 offers the space, view and convenience you've been waiting for.
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

-$348

Cap rate

4.1%

Cash-on-cash

-11.5%

DSCR

0.64

Est. annual revenue$14,451
Property tax($948)
Insurance($728)
Utilities($0)
HOA($3,444)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($6,998)
Net operating income$7,453
Down payment$36,400
Loan amount$145,600
Monthly payment (P&I)$968.68
Annual debt service($11,624)
Annual cash flow-$4,171

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Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

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.

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