241 Spanner Ln
Biloxi, MS 39530
List Price
$180,000
Initial Investment
$49,050Purchase Price
$180,000
Down Payment
25%
Rent
$1,610
Total Return
$54,285
Annualized Return
17.8%
Cap Rate
7.7%
Gross Yield
10.7%
Cash Flow
$3,333
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,019
HOA
None
Flood Risk
High Risk - Zone AE
Back on Market 8/1/2025. This could be your next home just minutes from downtown Biloxi, beach, entertainment and casinos. New HVAC currently being installed. Fresh paint job inside and out. South adjourning lot conveys with the sale of house. Check it out today, priced to sale.
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$18,354Expenses
-$3,585Property Taxes
-$1,650Loan Payments
-$9,786Net Cash Flow
$3,333See 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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901 Realtor
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SourceMLS United
MLS #4092201
Last Updated: 08/01/2025 15:08
MLS #4092201
Last Updated: 08/01/2025 15:08