15308 PARKER RD

BILOXI, MS 39532
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3 bd, 2 ba | 1,845 sqft | Built in 2005

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List Price
$265,000

Initial Investment

$72,213

Purchase Price

$265,000

Down Payment

25%

Rent

$1,840

Total Return

$57,081

Annualized Return

12.6%

Cap Rate

6.0%

Gross Yield

8.3%

Cash Flow

$605

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,375

HOA

None

Flood Risk

Not Required

MUST SEE THIS BEAUTIFUL 3/2 SPLIT PLAN! This home has handicap accessibility!
Nestled on a peaceful cul-de-sac, this move-in ready 3-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. The open floor plan with high ceilings creates a welcoming atmosphere, ideal for both everyday living and entertaining. The cozy eat-in kitchen with gorgeous granite countertops is perfect for family meals, and the spacious living area features a charming gas fireplace, adding warmth and character to the home.
The large master bedroom has a door leading to patio for easy access to enjoy the outdoor living space.
The master bathroom features a generously sized shower designed for 2, offering a spa-like experience.
Step outside through the french doors to enjoy the expansive backyard, complete with a beautiful patio,
perfect for outdoor dining, relaxation, and entertaining.
The backyard offers plenty of room for gardening or activities, providing a private retreat for your family. The extra large 2 car garage provides ample room for vehicles, storage and more. The home is conveniently located minutes from shopping, dining, Keesler AFB and beaches.

Don't miss out on the opportunity to purchase this home. Schedule a showing today!

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

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$3,734

Property Taxes

-$2,230

Loan Payments

-$14,407

Net Cash Flow

$605

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:Terri Ulmer
Agent License S58762
Heart & Home Realty Group
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109198
Last Updated: 04/11/2025 18:04
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