741 Scruggs Rd

Sumrall, MS 39482
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3 bd, 2 ba | 2,343 sqft | Built in 2006

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,780

Total Return

$59,933

Annualized Return

13.5%

Cap Rate

5.7%

Gross Yield

8.5%

Cash Flow

-$200

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

56,628

HOA

None

Flood Risk

Not Required

Welcome home to 741 Scruggs Rd. This beautiful home sits on 1.3 acres in Sumrall in the growing Westbrook Subdivision. It includes 3 spacious bedrooms, 2.5 bathrooms, open floorplan, home office, spacious laundry room and stainless steel appliances. The large back deck is perfect for entertaining family and friends. Call today for your private viewing.

See more in Analysis
Lauren Bynum
REAL Broker
MS Agent License #S-55056

Annual Financial Highlights

Expected Rent

$20,292

Expenses

-$4,656

Property Taxes

-$2,250

Loan Payments

-$13,586

Net Cash Flow

-$200

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:Allison Deus
Agent License 22667
TAD Real Estate Agency
Certified Agent Brokerage:Lauren Bynum
REAL Broker
MS Brokerage License B-23049
SourceHattiesburg MLS (HSMLS)
MLS #135086
Last Updated: 09/18/2023 19:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.