209 S 21st Ave
Hattiesburg, MS 39401
List Price
$242,000
Initial Investment
$65,945Purchase Price
$242,000
Down Payment
25%
Rent
$1,550
Total Return
$51,731
Annualized Return
12.0%
Cap Rate
5.2%
Gross Yield
7.7%
Cash Flow
-$1,382
Appreciation
4.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
11,249
HOA
None
Flood Risk
Not Required
Explore the timeless charm of this historic 4-bedroom, 2-bathroom home with a bonus space that could easily become a 5th bedroom. Seamlessly blending classic elegance with modern convenience, it showcases a renovated kitchen and contemporary bathrooms, new flooring, fresh interior and exterior paint, and updated electrical. Notably, the home features concrete reinforced walls, ensuring durability and stability A spacious, fenced backyard offers endless possibilities. Nestled near USM and Forrest General Hospital, this gem in the avenues is a unique opportunity with abundant space.
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$17,670Expenses
-$3,145Property Taxes
-$2,750Loan Payments
-$13,156Net Cash Flow
-$1,382See 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:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceHattiesburg MLS (HSMLS)
MLS #135084
Last Updated: 09/18/2023 01:09
MLS #135084
Last Updated: 09/18/2023 01:09