26 S Senter St

Byhalia, MS 38611
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3 bd, 2 ba | 2,390 sqft | Built in 1930

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List Price
$281,700

Initial Investment

$76,763

Purchase Price

$281,700

Down Payment

25%

Rent

$1,620

Total Return

$119,036

Annualized Return

19.9%

Cap Rate

4.7%

Gross Yield

6.9%

Cash Flow

-$2,684

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,424

HOA

None

Flood Risk

Not Required

Welcome to this charming 1930s home nestled on a spacious .40-acre lot, showcasing timeless elegance and modern comforts. As you approach, you'll be greeted by the grandeur of a huge front porch, perfect for relaxing evenings and warm gatherings.
Upon entering, you'll step into a large foyer that sets the tone for the rest of the house with its welcoming ambiance. The expansive living room is flooded with natural light streaming through numerous windows, highlighting the character of the era, while a gas fireplace adds warmth and coziness on chilly nights.
The primary bedroom is a sanctuary of serenity, featuring an open and airy layout conducive to relaxation. The en-suite primary bath is a retreat in itself, boasting a luxurious oversized soaker tub, double vanities, a spacious walk-in closet, and ample storage, providing both functionality and indulgence.
The kitchen is a culinary haven, offering plenty of counter space and cabinets for storage, a convenient center island, and modern stainless steel appliances including a gas range. Adjacent is a separate dining room, providing an elegant space for formal gatherings and intimate dinners alike.
Ascending the stairs, you'll find an open and inviting hallway leading to two additional generously sized bedrooms, each with its own separate station area, perfect for work or study. This thoughtful design allows for privacy and functionality for every member of the family.
Outside, a covered patio offers a peaceful retreat for al fresco dining or simply unwinding amidst the tranquility of the backyard. Enclosed by a privacy fence and adorned with mature trees, the backyard provides a serene oasis for relaxation and recreation. Additionally, a storage building offers convenience for storing outdoor equipment and tools.
With its blend of historic charm and modern amenities, this home offers a timeless appeal and a perfect retreat for those seeking both comfort and character in a picturesque setting.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$18,468

Expenses

-$3,287

Property Taxes

-$2,550

Loan Payments

-$15,315

Net Cash Flow

-$2,684

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:Patricia Young
Agent License S-28838
Coldwell Banker Collins-Maury
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076137
Last Updated: 04/10/2024 03:04
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