105 Honeysuckle Ln

Ridgeland, MS 39157
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3 bd, 2 ba | 1,626 sqft | Built in 1990

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List Price
$268,500

Initial Investment

$73,166

Purchase Price

$268,500

Down Payment

25%

Rent

$1,900

Total Return

$63,043

Annualized Return

13.5%

Cap Rate

6.0%

Gross Yield

8.5%

Cash Flow

$757

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,197

HOA

None

Flood Risk

Not Required

Beautifully updated home with brand new stainless steel appliances. Seller took it off the market temporarily to add these fantastic upgrades just for you: Glass top 5 burner range with double ovens, one being an air fryer convection oven! Over the range microwave with sensor cooking, ENERGY STAR dishwasher, high-end Kore undermount 16 gauge workstation kitchen sink, Spring vibrant pull down kitchen faucet, and totally renovated bathrooms with all delta faucets and extra deep tubs for luxurious soaking experience!!! 3 bedrooms and 2 full baths with a large family room ,a separate dining room which could also be used as a home office, playroom, gym or anything your heart desires!!!.
Nestled in the most desirable neighborhood of Trace Ridge, this home is in the heart of everything — just minutes from the Natchez Trace Parkway, bike trails, the Ross Barnett Reservoir, and top-rated Madison County schools. You'll also enjoy the convenience of being close to great restaurants, shopping including The Renaissance at Colony Park, and everyday essentials! Call your Realtor today!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$3,855

Property Taxes

-$2,450

Loan Payments

-$14,597

Net Cash Flow

$757

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:Teresa Jackson
Agent License S45875
Turn Key Properties, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109673
Last Updated: 07/26/2025 21:07
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