129 Pirate Ave

Long Beach, MS 39560
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5 bd, 3 ba | 3,039 sqft | Built in 1971

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,370

Total Return

$69,969

Annualized Return

10.2%

Cap Rate

5.2%

Gross Yield

7.1%

Cash Flow

-$2,132

Appreciation

3.7%
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Features

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to this extraordinary coastal retreat, where coastal living meets abundant space, natural light, and an array of remarkable features. This exceptional home offers everything you need for a truly comfortable living experience.As you enter, you'll notice the inviting living room adorned with a gorgeous fireplace. Picture cozy evenings spent nestled by the warm fire, creating cherished memories with loved ones or unwinding and reading a good book. The sun room on the back of the house is large enough for family gatherings and lets in much natural light.This home also boasts a convenient two-car garage, providing ample space for parking and storage and working on projects. This property does not require flood insurance, and has a metal roof, so you can have peace of mind when a storm comes and save money on insurance. .Beyond these standout features, this home offers 5 bedrooms and 3 bathrooms, providing ample space for your family and guests. Among these bedrooms, you'll find two master bedrooms with en suite bathrooms and plenty of closet space, ensuring comfort and privacy for you and your loved ones or guests.Additionally, the home features a brick paver patio and walkway, providing a charming outdoor space to enjoy the coastal breezes and entertain guests. The interior of the home showcases tile or engineered wood floors throughout, combining style and easy maintenance. Ideally located within walking distance to the beach, you'll have the opportunity to fully embrace the coastal lifestyle. From leisurely walks along the shoreline to breathtaking sunsets, you'll be immersed in the beauty of coastal living.Don't miss this extraordinary opportunity to own a home with exceptional features. Schedule your showing today and discover the perfect blend of coastal charm and remarkable amenities.

See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights

Expected Rent

$27,018

Expenses

-$4,809

Property Taxes

-$2,600

Loan Payments

-$21,741

Net Cash Flow

-$2,132

See more in Financials

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.
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Property Management

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Listing Courtesy of:Kenneth Harshbarger
Agent License S51154
Ellis Realty
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4048503
Last Updated: 05/25/2023 17:05
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