106 Meadow Lane Cir

Clinton, MS 39056
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3 bd, 2 ba | 1,744 sqft | Built in 1988

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List Price
$139,900

$20.1K

Initial Investment

$38,123

Purchase Price

$139,900

Down Payment

25%

Rent

$1,640

Total Return

$54,381

Annualized Return

22.5%

Cap Rate

9.1%

Gross Yield

14.1%

Cash Flow

$4,159

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,117

HOA

None

Flood Risk

Not Required

Step into the potential of this Clinton gem! Nestled on a quiet street, this spacious three-bedroom, two-bathroom home offers the canvas for your dream abode. Here's what awaits:
Location: Set in the desirable Clinton area, this home enjoys proximity to schools, parks, and everyday conveniences, ensuring a lifestyle of ease.
Bedrooms: Three generously sized bedrooms provide ample space for relaxation and personalization, offering the promise of cozy retreats for you and your loved ones.
Bathrooms: With two bathrooms, including one ensuite, convenience is at your fingertips, promising functionality and comfort for daily routines.
Large Laundry Room: Discover the convenience of a spacious laundry room, equipped to handle daily chores with ease and offering potential for additional storage or utility space.
Screened-in Back Porch: Step outside and unwind in the tranquility of your screened-in back porch, where gentle breezes and peaceful surroundings await, offering the perfect spot for relaxation or outdoor gatherings.
Endless Potential: With a discerning eye and a touch of creativity, unlock the potential of this home. Whether it's updating the interiors, refreshing the landscaping, or adding personal touches, the possibilities are endless to make it truly your own. Furthermore, with walk-up access, the floored attic could easily be finished into a fourth bedroom, adding space and square footage to the interior of the home.
Don't miss your chance to reimagine this Clinton residence into the epitome of comfort and style. Embrace the opportunity to transform this house into your ideal sanctuary, tailored to your unique tastes and preferences. Schedule a showing today and embark on the journey of crafting your dream home.

See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457

Annual Financial Highlights

Expected Rent

$18,696

Expenses

-$5,241

Property Taxes

-$1,690

Loan Payments

-$7,606

Net Cash Flow

$4,159

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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Certified Agent Brokerage:Monique Maselle Kelly
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MS Brokerage License B-9203
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Last Updated: 04/02/2024 17:04
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