2411 12Th St

Pascagoula, MS 39567
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2 bd, 1 ba | 696 sqft | Built in 1941

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List Price
$98,000

Initial Investment

$26,705

Purchase Price

$98,000

Down Payment

25%

Rent

$980

Total Return

$36,872

Annualized Return

21.5%

Cap Rate

8.6%

Gross Yield

12%

Cash Flow

$2,509

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

High Risk - Zone AE

You've been looking for the right opportunity—a property with great potential, but without the hefty price tag. This 2-bedroom, 1-bath home offers the perfect mix of charm and value. The big updates are already done: a new roof, fresh interior and exterior paint, porch ramp removed for cleaner curb appeal, and overgrown bushes cleared to open up the front yard. Sitting on a fenced corner lot, this home is a great fit for someone ready to turn potential into profit—whether it's a short-term rental, long-term investment, or cozy retreat. With the heavy lifting done, now's your chance to finish it your way and bring your vision to life.

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

Annual Financial Highlights

Expected Rent

$11,172

Expenses

-$2,435

Property Taxes

-$900

Loan Payments

-$5,328

Net Cash Flow

$2,509

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:Mellissa Fraiser
Agent License S55184
eAgent Nexus
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4094938
Last Updated: 06/13/2025 16:06
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