10201 Johns Bayou Rd

Vancleave, MS 39565
image0

3 bd, 1 ba | 1,188 sqft | Built in 1955

slider image
slider image
slider image
List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,170

Total Return

$36,852

Annualized Return

13.5%

Cap Rate

6.3%

Gross Yield

8.8%

Cash Flow

$815

Appreciation

3.7%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

35,719

HOA

None

Flood Risk

Not Required

Come see this charming three-bedroom 1 bath beautifully landscaped home located on almost an acre on the corner of Johns Bayou Rd and Bass Rd. Detached single garage that has a DIY shower in the corner. Enclosed bonus room with its own entrance on the back of the house that can be used for an office, craft room or even put a bed in it for overnight guests. Mini split installed in 2023. Sit back on the large screened in front porch and enjoy your coffee and listen to the birds. This property has many large live oak trees, some over 100 years old. Many blooming plants surround the property, three large Bradford Pear trees, azaleas, caladiums, etc... that are absolutely gorgeous in the spring. Bricked back patio to sit back and relax or have a barbeque with family. There are three driveways with gates and plenty of parking for family. Bring your fishing pole as there is a pond stocked with fish, or go launch your boat at Johns Bayou marina which is conveniently right down the road! Bring your family and friends and enjoy the Vancleave Mardi Gras parade that goes right in front of the house! There is a fenced in area for chickens to be raised and a chicken pen/house. The entire property is completely fenced in heavy gage wire trimmed in wood. You will feel completely at home right away at this home.

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

Annual Financial Highlights

Expected Rent

$13,338

Expenses

-$2,374

Property Taxes

-$1,450

Loan Payments

-$8,698

Net Cash Flow

$815

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:Therese Boden
Agent License B23411
Beach View Real Estate
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4069471
Last Updated: 04/11/2024 02:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.