67 E Sweetwater Rd

Byhalia, MS 38611
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4 bd, 4 ba | 2,790 sqft | Built in 1991

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List Price
$340,000

Initial Investment

$92,650

Purchase Price

$340,000

Down Payment

25%

Rent

$2,650

Total Return

$169,671

Annualized Return

23.8%

Cap Rate

6.3%

Gross Yield

9.4%

Cash Flow

$1,658

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

108,900

HOA

None

Flood Risk

Not Required

Introducing 67 E Sweetwater in Byhalia, MS—an HUD-owned 4-bed, 3.5-bath home on a sprawling 2.5-acre lot. This property boasts an inground pool, detached 2-car garage/workshop, and a versatile 36x36 metal barn with an open lean-to area. With a perfect blend of comfort and functionality, it's a serene retreat offering endless possibilities for hobbies, relaxation, and rural living.
Owned by US Department of HUD, case# 281-528288; (insured with escrow) Seller makes no warranties as to the condition of the property. HUD homes are sold ''as is'' Equal Housing Opportunity Seller may contribute up to 3% for buyer closing cost upon buyer request.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$30,210

Expenses

-$6,968

Property Taxes

-$3,100

Loan Payments

-$18,484

Net Cash Flow

$1,658

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:Ed Engelke
Agent License B-20825
United Real Estate Mid-South
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4066897
Last Updated: 04/09/2024 17:04
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