227 Woodrun Dr
Ridgeland, MS 39157
List Price
$310,000
Initial Investment
$84,475Purchase Price
$310,000
Down Payment
25%
Rent
$1,900
Total Return
$47,382
Annualized Return
8.7%
Cap Rate
4.5%
Gross Yield
7.4%
Cash Flow
-$3,911
Appreciation
4.0%
Reset to DefaultEdit Assumptions
Features
Lot Size
0
HOA
None
Flood Risk
Not Required
It Just does not get any BETTER than this!! Lovely, Unique 4 Bedroom, Split Plan, 2 Full Bathrooms, Brand NEW Luxury Vinyl Floors thru out Home, NO CARPET! Freshly Painted Entire Inside HOUSE ,Sherwin Williams, Agreeable Gray! Brand NEW Toilet Seats, Brand NEW Kitchen Barn Sink, Brand NEW Kitchen Range, NEW Stainless Refrigerator is Negotiable, All NEW Wall Plates in every room, Gas Fireplace in Living Room. All NEW Light Fixture's and Ceiling Fans in every Room. NEW Ceiling in Garage and Completely repaired Roof. Storage in 2 Car Garage and Approx. 300 Sq Ft Work Shop out in Back Yard. !! Huge, Completely, Fenced Back Yard. Seller is willing to give a $5000.00 Allowance toward NEW Kitchen Countertops or Master Bathroom Update. They want Buyer to pick out. THIS HOME WILL NOT LAST A WEEK At THIS PRICE! Convenient Neighborhood takes you straight out to Interstate, Churches and Schools. Call your Realtor today!
See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457
Annual Financial Highlights
Expected Rent
$21,660Expenses
-$5,017Property Taxes
-$3,700Loan Payments
-$16,853Net Cash Flow
-$3,911See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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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SourceMLS United
MLS #4048663
Last Updated: 05/26/2023 19:05
MLS #4048663
Last Updated: 05/26/2023 19:05