4096 GROVELAND RD

OCEAN SPRINGS, MS 39564
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4 bd, 2 ba | 1,531 sqft | Built in 1986

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List Price
$238,000

Initial Investment

$64,855

Purchase Price

$238,000

Down Payment

25%

Rent

$1,700

Total Return

$63,526

Annualized Return

15.1%

Cap Rate

6.3%

Gross Yield

8.6%

Cash Flow

$1,191

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

Not Required

Located just minutes from shopping, dining, and the beach, this beautifully maintained home is ready for you! Enjoy the durability and style of ceramic tile, newer appliances, and the added value of gutters already installed. The versatile mother-in-law suite offers endless possibilities—it can easily transform into a cozy man cave, a fun game room for the kids, or your own creative space. This is more than just a house—it's a place to truly call home.
Fall in love the moment you walk in—schedule your showing today!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,450

Property Taxes

-$1,800

Loan Payments

-$12,939

Net Cash Flow

$1,191

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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Similar Listings



Listing Courtesy of:Donna Ratliff
Agent License S55834
Coastal Realty Group
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4109912
Last Updated: 04/13/2025 23:04
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