18483 Miller Edwards Rd W

Saucier, MS 39574
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4 bd, 2 ba | 2,084 sqft | Built in 1974

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$1,950

Total Return

$58,509

Annualized Return

18.3%

Cap Rate

7.9%

Gross Yield

12.4%

Cash Flow

$3,784

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

117,612

HOA

None

Flood Risk

Not Required

This spacious 4-bedroom, 2-bathroom abode boasts an additional office space that offers versatility as a potential 5th bedroom, providing ample room for your family's needs. Nestled amidst the tranquil surroundings, this property offers a secluded escape, perfect for those seeking serenity and privacy, but also close to all the amenities the Mississippi Coast has to offer. Endless opportunities await as this home is brimming with potential. With its split-level layout, it offers a unique and dynamic living space that can be customized to suit your lifestyle. Whether you're drawn to the coziness of the indoors or the allure of the great outdoors, this property promises functionality and space for the best of both worlds.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$22,230

Expenses

-$6,591

Property Taxes

-$1,580

Loan Payments

-$10,275

Net Cash Flow

$3,784

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Timothy Switzer
Agent License S55496
Coastal Realty Group
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076734
Last Updated: 04/22/2024 18:04
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