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ACTIVEsingle familyvia mls

22 Elmer Street

Reeds Spring, MO, 65737

3 bd2 ba1,652 sqftBuilt 2026

Listing courtesy of Heritage Realty and Development · (417) 559-4822 · MLS# SOM60335363

List price

$319,900

$194/sqft

Listing description
Welcome home to 22 Elmer Street in historic Reeds Spring. This brand-new, single-level home offers 3 bedrooms, 2 bathrooms and 1,652 square feet on a 0.23-acre lot, with a thoughtful layout that begins the moment you step inside.A built-in bench at the entry offers everyday convenience, and wide-plank luxury vinyl flooring leads you into the open floor plan. At its center, the kitchen features granite countertops, a large island with storage, stainless steel appliances and pendant lighting, and it flows into the dining area and a bright living room.Just off the living space, the primary suite features a tray ceiling, a sliding barn door and private access to the back porch. Its bath includes a dual-sink granite vanity, a freestanding soaking tub, a tiled walk-in shower and a walk-in closet with built-in shelving. The two additional bedrooms are filled with natural light, and each has its own walk-in closet. They share a second full bath with a dual vanity. A laundry room, an attached two-car garage and a covered back porch round out the home.Beyond the porch, the location keeps you close to Reeds Spring schools and Wolf Pack Park, with Table Rock Lake, Silver Dollar City and Branson all a short drive away.
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

-$547

Cap rate

4.3%

Cash-on-cash

-10.3%

DSCR

0.68

Est. annual revenue$21,086
Property tax($3,199)
Insurance($1,280)
Utilities($0)
HOA($0)
Management($1,687)
Maintenance reserve($1,054)
Total operating expenses($7,220)
Net operating income$13,867
Down payment$63,980
Loan amount$255,920
Monthly payment (P&I)$1,702.64
Annual debt service($20,432)
Annual cash flow-$6,565

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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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