924 Deason Ave

Hattiesburg, MS 39401
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2 bd, 1 ba | 1,000 sqft | Built in 1940

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List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,500

Total Return

$56,535

Annualized Return

20.1%

Cap Rate

7.9%

Gross Yield

11.3%

Cash Flow

$3,293

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

40,722

HOA

None

Flood Risk

High Risk - Zone AE

Priced to sell as-is!
Perfect investment opportunity. 3 houses all rented and producing great cash flow. Don't miss an opportunity to add to your portfolio. 924,926 and 928 deason along with lot located in front has potential to expand. Call your agent today.

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

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,429

Property Taxes

-$1,680

Loan Payments

-$8,698

Net Cash Flow

$3,293

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:James Jackson
Agent License S-56459
eXp Realty
Certified Agent Brokerage:Lauren Bynum
REAL Broker
MS Brokerage License B-23049
SourceHattiesburg MLS (HSMLS)
MLS #135093
Last Updated: 09/18/2023 20:09
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.