502 E Georgetown St
Crystal Springs, MS 39059
List Price
$305,000
Initial Investment
$83,113Purchase Price
$305,000
Down Payment
25%
Rent
$1,340
Total Return
$34,448
Annualized Return
6.4%
Cap Rate
3.4%
Gross Yield
5.3%
Cash Flow
-$6,775
Appreciation
4.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
42,253
HOA
None
Flood Risk
Not Required
Welcome to the Jenkins-Dawson home! This Queen Ann Victorian occupies a large corner lot in the heart of Crystal Springs' Downtown Historical District. Built in 1870, this home showcases the classic and unique features of its era: stained glass windows, a high-pitched roof(needs paint), ornamental spindlework, an ornate Victorian-style cottage door, and many other features! The current owners added a detached two-car carport, an updated kitchen, and a large den for convenience. An additional 1,100 sq ft building offers versatile potential, such as a workshop, gym area, or guest accommodations. This home combines timeless charm with modern convenience!
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$15,276Expenses
-$2,719Property Taxes
-$2,750Loan Payments
-$16,581Net Cash Flow
-$6,775See 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.
Similar Listings
Listing Courtesy of:Stephanie Welch
Agent License S57922
BHHS Ann Prewitt Realty
Agent License S57922
BHHS Ann Prewitt Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4084906
Last Updated: 06/17/2025 23:06
MLS #4084906
Last Updated: 06/17/2025 23:06