54 53Rd St

Gulfport, MS 39507
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3 bd, 3 ba | 2,754 sqft | Built in 1962

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$2,910

Total Return

$101,514

Annualized Return

21.9%

Cap Rate

9.0%

Gross Yield

12.7%

Cash Flow

$8,592

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

30,492

HOA

None

Flood Risk

Not Required

MOTIVATED SELLER: Seller is under contract to purchase another house. Now is your opportunity to get a big Family Home in Bayou View School District- not in a Flood Zone!!
This beautiful double corner lot home offers everything your family could need and more! With a triple carport, full-size generator, and tankless hot water heater, regular water heater, convenience and comfort are at the forefront. The expansive fenced yard with a charming patio provides the perfect space for outdoor entertaining and relaxation.
Inside, you'll find a spacious layout with laminate wood flooring and tile throughout and a flexible extra room that can easily be transformed into a 4th bedroom, study, game room, or man cave - the possibilities are endless! The updated kitchen features custom cabinets, stainless steel appliances, and a breakfast bar that opens to a cozy study area.
Additional updates include new flooring and plumbing, ensuring this home is as functional as it is stylish. Located in the highly sought-after Bayou View School District, and with no flooding during Hurricane Katrina, this home is built to last.All windows with exception of 3 windows (stain glass in the bathroom, window in kids bathroom and one solid window in the master bedroom) are new from Window World. French drains are in the yard as well.
Don't miss out on this exceptional property - schedule a showing today!

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

Annual Financial Highlights

Expected Rent

$33,174

Expenses

-$7,132

Property Taxes

-$2,500

Loan Payments

-$14,950

Net Cash Flow

$8,592

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:Sandy Walsh
Agent License S52635
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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4108103
Last Updated: 05/06/2025 16:05
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