643 County Line Rd
Mendenhall, MS 39114
List Price
$225,000
Initial Investment
$61,313Purchase Price
$225,000
Down Payment
25%
Rent
$2,260
Total Return
$90,020
Annualized Return
22.5%
Cap Rate
8.5%
Gross Yield
12.1%
Cash Flow
$5,773
Appreciation
4.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
42,253
HOA
None
Flood Risk
Not Required
We are back! Buyer never made it to inspection day... Financing fell through... So, Welcome to 643 County Line Rd, a delightful residence nestled in the tranquil surroundings of Rankin County's Puckett School District. Situated on nearly an acre of land, this 3-bed, 2-bath split plan home offers a perfect blend of comfort and convenience.
Step inside to discover a spacious family room adorned with a cozy fireplace, ideal for gatherings and relaxation. The formal dining area sets the stage for memorable meals with loved ones. The kitchen features a pantry for added storage, while the large master suite boasts a walk-in closet and dressing area and jacuzzi tub for your convenience.
French doors open to reveal a covered patio overlooking the picturesque backyard, providing the perfect spot for outdoor entertaining or peaceful moments of reflection. With a double garage and a front porch adding to its charm, this home offers both functionality and curb appeal.
Crafted with low-maintenance brick and vinyl siding, and soon to feature a brand-new roof, this home has been lovingly cared for and awaits its new owners. .
New ROOF
Apple Trees
Pear Trees
Plum Trees
Blueberry Bushes
Don't miss the opportunity to make this your forever home - schedule a viewing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$25,764Expenses
-$6,409Property Taxes
-$1,350Loan Payments
-$12,232Net Cash Flow
$5,773See 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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SourceMLS United
MLS #4076208
Last Updated: 04/19/2024 03:04
MLS #4076208
Last Updated: 04/19/2024 03:04