15920 Hardwood Pl

Biloxi, MS 39532
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3 bd, 2 ba | 1,820 sqft | Built in 2009

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List Price
$259,900

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$2,000

Total Return

$63,866

Annualized Return

14.4%

Cap Rate

6.6%

Gross Yield

9.2%

Cash Flow

$2,079

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,326

HOA

None

Flood Risk

Not Required

Location, Location, Location!!! 3 bedroom 2 full baths brick home offers many desirable features as - large yard with extra parking for RV or boat, large back yard patio along the back of the home, spacious front porch, very functional split floor plan with 15'x20' Primary room, opened kitchen to a living area, granite counter tops, private yard and more. Conveniently located in St Martin area, close to I-10, Biloxi casinos, and Ocean Springs Downtown. Seller is offering Buyers 1st year Home Warranty Of America.

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$4,112

Property Taxes

-$2,480

Loan Payments

-$14,130

Net Cash Flow

$2,079

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

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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:Anna Kral
Agent License B21319
Kral Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4110273
Last Updated: 04/17/2025 17:04
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