4615 Katherine Blvd

Jackson, MS 39211
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3 bd, 2.5 ba | 2,722 sqft | Built in 2013

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List Price
$389,900

Initial Investment

$106,248

Purchase Price

$389,900

Down Payment

25%

Rent

$2,030

Total Return

$50,681

Annualized Return

7.3%

Cap Rate

3.7%

Gross Yield

6.2%

Cash Flow

-$7,409

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Beautiful like new home in great NE Jackson neighborhood. Three bedroom split plan with J&J bathroom between secondary bedrooms. Lots of architectural features throughout. Brick entry way, wet bar in living room with wine cooler. Built-in cabinets throughout. Beautiful eat in kitchen with granite countertops, island and cabinets to the 10' ceilings. Primary bedroom overlooks park like back yard which is beautifully landscaped and fully fenced, Outdoor covered patio with extended covering for additional outdoor entertaining. Full irrigation system added by current owner in 2017. Upstairs office/bonus room, Large laundry room with sink and room for fridge and work spaces. Security System. Beautiful heart pine floors, locker area leading to laundry. Primary bedroom has its own mini split a/c unit. Seller has truly made this house a home! Must see to truly appreciate!

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

Annual Financial Highlights

Expected Rent

$23,142

Expenses

-$5,234

Property Taxes

-$4,120

Loan Payments

-$21,197

Net Cash Flow

-$7,409

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:Anne Myers
Agent License S23438
Nix-Tann & Associates, Inc.
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4059174
Last Updated: 09/19/2023 06:09
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