2823 Fairhill Dr

Jackson, MS 39212
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3 bd, 1 ba | 1,220 sqft | Built in 1950

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List Price
$87,000

Initial Investment

$23,708

Purchase Price

$87,000

Down Payment

25%

Rent

$860

Total Return

$27,751

Annualized Return

18.3%

Cap Rate

7.8%

Gross Yield

11.9%

Cash Flow

$1,444

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

None

Flood Risk

Not Required

Discover the charm of this beautifully renovated 3 bedroom, 1 bath property. Step inside to find a tastefully updated interior, featuring new fixtures, stylish LVT flooring, and fresh paint throughout. Stay cozy with newly installed heating/cooling window units, and enjoy the convenience of updated plumbing and electrical systems and new water heater. The bathrooms have been completely refreshed with modern finishes, while the kitchen shines with new cabinets and countertops. Don't miss out on the chance to make this inviting home yours, where every detail has been thoughtfully upgraded for your enjoyment.
Seller has many properties on the market and will consider a package deal.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$9,804

Expenses

-$2,620

Property Taxes

-$1,010

Loan Payments

-$4,730

Net Cash Flow

$1,444

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:Jimmy Stuart
Agent License S55030
Realty ONE Group Prime
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4071914
Last Updated: 04/20/2024 14:04
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