12399 Simpson Rd
Gulfport, MS 39503
List Price
$204,900
Initial Investment
$55,835Purchase Price
$204,900
Down Payment
25%
Rent
$1,230
Total Return
$33,881
Annualized Return
9.6%
Cap Rate
5.0%
Gross Yield
7.2%
Cash Flow
-$1,463
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,454
HOA
None
Flood Risk
Not Required
Welcome to your newly renovated retreat in North Gulfport! This charming home features 3 bedrooms, 2 bathrooms, and a bonus room perfectly situated off the spacious living area. Step into a modern oasis with freshly updated interiors, including a sleek kitchen with new appliances and beautiful countertops. Enjoy the convenience of fresh paint and new flooring throughout.
Ideal for both relaxation and entertainment, the bonus room offers flexible space for a home office, playroom, or additional living area. Outside, discover a serene backyard with ample room for outdoor activities and gatherings.
Located in desirable North Gulfport, this home combines modern comfort with a prime location near local amenities and easy access to highways and the interstate for commuting.
Don't miss out on this opportunity to own a beautifully renovated home in one of Gulfport neighborhoods!
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$14,022Expenses
-$2,496Property Taxes
-$1,850Loan Payments
-$11,139Net Cash Flow
-$1,463See 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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SourceMLS United
MLS #4109180
Last Updated: 06/16/2025 14:06
MLS #4109180
Last Updated: 06/16/2025 14:06