1203 Pawnee St

Pascagoula, MS 39581
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4 bd, 3 ba | 1,400 sqft | Built in 1971

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,220

Total Return

$42,755

Annualized Return

16.2%

Cap Rate

6.7%

Gross Yield

9.8%

Cash Flow

$1,263

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,325

HOA

None

Flood Risk

High Risk - Zone AE

This absolutely precious solid brick home is conveniently located near Chevron, Ingalls, and I10. It's situated on a large corner lot in a quiet, established neighborhood and presents a ton of opportunity! In addition to the three bedrooms and two full baths, there's also a bonus room with a private entrance and half bath, making it perfect for older children, guests, or extra living space. Features fresh paint and new flooring along with beautiful built-ins and an eat-in kitchen with handcrafted breakfast bar and walk-in pantry. Sliding glass doors open to an expansive, fully covered back patio overlooking the spacious, privacy fenced back yard! This home is absolutely perfect for relaxation and for those who love to entertain. Other recent updates include updated fixtures and a NEW ROOF and HVAC in 2023! With these big ticket items out of the way, all that's left to worry about is moving in.

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

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$2,720

Property Taxes

-$1,770

Loan Payments

-$8,155

Net Cash Flow

$1,263

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:Kelly Delancey
Agent License S51631
Fidelis Realty, LLC.
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4076446
Last Updated: 04/15/2024 15:04
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