1006 Patricia Dr

Gulfport, MS 39503
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4 bd, 2 ba | 1,212 sqft | Built in 1970

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List Price
$159,000

Initial Investment

$43,328

Purchase Price

$159,000

Down Payment

25%

Rent

$1,250

Total Return

$42,023

Annualized Return

15.5%

Cap Rate

6.9%

Gross Yield

9.4%

Cash Flow

$1,828

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,632

HOA

None

Flood Risk

Not Required

Dont miss out on this one! Completely remodled home in the Orange Grove area. Old Chicago brick floors, 3cm marble counters with custom cabinets. All new Whirlpool appliances, new Carrier Gas furnace and new gas water heater. All new bathrooms and new flooring throughout the spacious 4 bedrooms and not to mention the huge backyard with multiple fruit trees and large storage shed. This house really has it all.

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

Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$2,598

Property Taxes

-$1,180

Loan Payments

-$8,644

Net Cash Flow

$1,828

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.

Similar Listings



Listing Courtesy of:Glen Odem
Agent License S52309
New Horizons Realty, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076617
Last Updated: 04/25/2024 04:04
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