6370 Davis Rd
Long Beach, MS 39560
List Price
$140,000
Initial Investment
$38,150Purchase Price
$140,000
Down Payment
25%
Rent
$1,300
Total Return
$40,162
Annualized Return
16.9%
Cap Rate
7.5%
Gross Yield
11.1%
Cash Flow
$2,205
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
High Risk - Zone AE
Introducing your dream fixer-upper! This 3 bedroom, one bathroom property boasts over 5 acres with mature oaks, fruit trees and a babbling stream in the back yard. Customize this property into your personal retreat or a cozy family haven! Potentially generating income by adding to the footprint that is already there. Two private wells, septic systems, and power poles are already in place. This property is conveniently located near I-10 near Menge Ave. exit. Don't miss the opportunity to turn this hidden gem into your dream retreat or your next investment property!
See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights
Expected Rent
$14,820Expenses
-$4,054Property Taxes
-$950Loan Payments
-$7,611Net Cash Flow
$2,205See 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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Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4059000
Last Updated: 09/16/2023 21:09
MLS #4059000
Last Updated: 09/16/2023 21:09