3611 Hedgewood Cv

Ocean Springs, MS 39564
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3 bd, 3 ba | 1,938 sqft | Built in 1994

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List Price
$305,000

Initial Investment

$83,113

Purchase Price

$305,000

Down Payment

25%

Rent

$2,130

Total Return

$63,591

Annualized Return

11.7%

Cap Rate

5.2%

Gross Yield

8.4%

Cash Flow

-$1,837

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,197

HOA

$10/mo

Flood Risk

Not Required

Located in the highly sought after neighborhood of Magnolia Bayou, this large 4 bedroom, 2 1/2 bath home is just minutes from Magnolia Elementary and Ocean Springs Middle School. Nestled in a quiet cul-de-sac, this large home of over 2700 sq feet is just waiting for you to put your own touches in it and make it your own! There is so much potential here, including a possible mother-in-law suite or teen wing. You will love that you are just a short drive from the beautiful beaches and downtown shopping, dining, and casinos, and no flood insurance is required!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$4,447

Property Taxes

-$5,090

Loan Payments

-$16,581

Net Cash Flow

-$1,837

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:Melissa Jett
Agent License S58520
EXIT Realty Heart Properties
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109905
Last Updated: 04/20/2025 15:04
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