111 Edmund Dr

Long Beach, MS 39560
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4 bd, 2 ba | 1,832 sqft | Built in 1968

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List Price
$210,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$2,140

Total Return

$76,926

Annualized Return

21.7%

Cap Rate

9.0%

Gross Yield

12.2%

Cash Flow

$6,449

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,166

HOA

None

Flood Risk

Not Required

This well-maintained home in an award-winning school district offers the perfect blend of style and convenience. Just a short walk to the beach and USM, it boasts spacious rooms, fresh paint, updated flooring, modern light fixtures, and a stunningly renovated kitchen with stainless steel appliances. Situated on a high, dry, fenced-in 0.44-acre lot, it's ideal for kids, pets, and outdoor fun. The expansive backyard includes a detached storage shed, perfect for all your needs. Close to shopping, entertainment, and the stunning sand beaches, this property combines comfort and location. Don't miss out on this move-in-ready gem!

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

Annual Financial Highlights

Expected Rent

$24,396

Expenses

-$5,130

Property Taxes

-$1,400

Loan Payments

-$11,417

Net Cash Flow

$6,449

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:Kenneth Harshbarger
Agent License S51154
Ellis Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4110159
Last Updated: 04/16/2025 12:04
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