1007 Enclave Cir

Long Beach, MS 39560
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4 bd, 2 ba | 1,986 sqft | Built in 2022

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List Price
$297,000

Initial Investment

$80,933

Purchase Price

$297,000

Down Payment

25%

Rent

$1,790

Total Return

$50,518

Annualized Return

9.9%

Cap Rate

4.9%

Gross Yield

7.2%

Cash Flow

-$1,871

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,761

HOA

$21/mo

Flood Risk

Not Required

SELLER OFFERING BUYER CONCESSIONS
Nearly new, move-in ready 4 bedroom, 2 full baths in the highly desired, award-winning Long Beach school district.
This newer construction Booth floor plan is NOT in a flood zone and has been beautifully maintained to uphold its new home feel, giving you all of the peace of mind and updated features of a new construction home without the price tag. Inside you'll discover an open floor plan, and an entertainment ready kitchen filled with stainless steel appliances, granite counters and huge kitchen island. This home is even equipped with Smart Home Technology offering you the option to continue 24-hour home security monitoring service and the convenience of remotely controlling your thermostat, entry doors, garage door and interior and exterior lighting, if you wish, all compatible with Alexa. With a fully fenced-in yard and a covered patio, you will be able to enjoy the privacy and security you need and want immediately upon move in!
Enjoy the affordability of living less than 2 miles from the beach, harbor, boat launch and all of the shops and restaurants downtown Long Beach has to offer.
*Ask your agent to send you the 3-D virtual tour, insurance quote, home feature sheet and details on concessions seller is offering on this gorgeous home!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$3,270

Property Taxes

-$2,860

Loan Payments

-$16,146

Net Cash Flow

-$1,871

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:Ivy Yeoman
Agent License S58066
NextHome Simplicity
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4110137
Last Updated: 04/17/2025 15:04
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