18 WOODCHUCK DR

HATTIESBURG, MS 39402
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3 bd, 2 ba | 2,418 sqft | Built in 1990

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List Price
$394,500

Initial Investment

$107,501

Purchase Price

$394,500

Down Payment

25%

Rent

$2,630

Total Return

$82,283

Annualized Return

11.9%

Cap Rate

5.4%

Gross Yield

8%

Cash Flow

-$1,202

Appreciation

4.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

$67/mo

Flood Risk

Not Required

Tucked away on a beautifully landscaped lot in the sought-after Lake Serene subdivision, this spacious and well-appointed brick home offers a rare blend of privacy, character, and function. Step through the leaded glass front door into a welcoming foyer that leads into an expansive great room with soaring vaulted ceilings, triple skylights, and a wall of windows and French doors that bring the outside in. Warm laminate floors and transoms above interior doors add architectural interest, while a brick corner fireplace and mirrored accent wall create a cozy focal point and bounce light throughout the space. Designed with entertaining in mind, the home's open layout flows into a generously sized dining area with built-in storage and counter space that connects seamlessly to the kitchen. The kitchen features granite countertops, a KitchenAid cooktop, Whirlpool dishwasher, and a triple-basin stainless steel sink with disposal. Bar seating easily accommodates 6-7 guests. A bay window breakfast nook framed by towering transom windows overlooks the privately fenced backyard, offering a peaceful view with your morning coffee.
Down the hall, the oversized primary suite is a private retreat with vaulted ceilings, recessed lighting, and French doors leading to the rear deck. A custom built-in dresser area and a cozy recessed sitting space make this room as functional as it is comfortable. The en suite bathroom includes dual vanities with granite countertops, separate his-and-hers walk-in closets with wood shelving and double rods, and a jetted tub surrounded by natural light.
The laundry room, located just off the kitchen and garage, offers even more storage with upper cabinets, a utility sink, and a full closet, making it a convenient pass-through or mudroom. The single-car garage features both a standard garage door and a walk-through door from the covered portico.
Out back, a large wood deck with a covered section is perfect for entertaining or relaxing. French drains have been installed to keep the yard dry, and there's a dedicated garden area plus a large detached storage building with power and exterior water access, ideal for a workshop or hobby space.
Lake Serene residents enjoy access to neighborhood fishing and boating lakes, children's playground, and scenic walking spaces. With solid construction and tons of thoughtful storage, this home is a true standout in one of the area's most desirable Oak Grove neighborhoods! One year Old Republic Home Warranty included!

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

Annual Financial Highlights

Expected Rent

$29,982

Expenses

-$6,137

Property Taxes

-$3,600

Loan Payments

-$21,447

Net Cash Flow

-$1,202

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:Charles Dawe
Agent License B-23150
KW Elite Keller Williams Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4108721
Last Updated: 04/02/2025 16:04
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