3515 Magnolia Glenn Dr

Southaven, MS 38672
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4 bd, 2 ba | 2,368 sqft | Built in 2017

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List Price
$365,000

Initial Investment

$99,463

Purchase Price

$365,000

Down Payment

25%

Rent

$2,060

Total Return

$125,164

Annualized Return

17.0%

Cap Rate

4.6%

Gross Yield

6.8%

Cash Flow

-$3,487

Appreciation

6.9%
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Features

Lot Size

11,020

HOA

None

Flood Risk

Not Required

Welcome to your dream home! This stunning corner-lot property boasts 4 bedrooms, 2 bathrooms, and 2,314 sqft of luxurious living space. You'll be greeted by fresh landscaping upon arrival, leading you into an interior that exudes sophistication and comfort. The kitchen features gorgeous granite, waterfall countertops, which are perfect for all your culinary creations. You'll love the convenience of a walk-in master closet, and the gas fireplace is ideal for cozy nights in. Enjoy outdoor living year-round with a covered back patio, perfect for entertaining guests as well as a lot right next to the community pond! Whether you enjoy spending time indoors or outdoors, this home offers everything you could need and more. Don't miss this opportunity to own your own slice of paradise.

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

Expected Rent

$23,484

Expenses

-$3,828

Property Taxes

-$3,300

Loan Payments

-$19,843

Net Cash Flow

-$3,487

See 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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Listing Courtesy of:Q Burdette
Agent License 22935
Q Burdette
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4048632
Last Updated: 05/26/2023 17:05
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.