6845 Valerie Dr

Olive Branch, MS 38654
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2 bd, 2 ba | 1,891 sqft | Built in 1982

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List Price
$247,000

Initial Investment

$67,308

Purchase Price

$247,000

Down Payment

25%

Rent

$1,880

Total Return

$122,991

Annualized Return

24.2%

Cap Rate

6.8%

Gross Yield

9.1%

Cash Flow

$2,410

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Beautiful spacious home on 1 Acre. Offering 2 huge bedrooms and 2 large baths, one level home, BR#1; 15'6 x18'4; BR#2; 15'3 X15'6. Large eat in spacious kitchen . Huge living room 15'6 x 18'4, which also includes a Wood Burning Fire Place. Plenty for closet space,. Stove, Microwave, Refrigerator, Washer and Dryer to remain. ; Covered Porch and Covered Patio. Other Amenities include insulated vinyl window, storm door, and laundry closet. Beautiful backyard deck and 2 storage bins This is a Must See!

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

Annual Financial Highlights

Expected Rent

$21,432

Expenses

-$3,844

Property Taxes

-$1,750

Loan Payments

-$13,428

Net Cash Flow

$2,410

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:Kathryn Bryant-Brown
Agent License S-55822
Crye-Leike Of MS-OB
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4059941
Last Updated: 09/27/2023 20:09
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