7683 Stonycreek Cv

Southaven, MS 38671
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3 bd, 2 ba | 1,234 sqft | Built in 1985

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List Price
$249,000

Initial Investment

$67,853

Purchase Price

$249,000

Down Payment

25%

Rent

$1,640

Total Return

$136,271

Annualized Return

24.5%

Cap Rate

5.4%

Gross Yield

7.9%

Cash Flow

-$791

Appreciation

9.5%
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Features

Lot Size

13,200

HOA

None

Flood Risk

Not Required

Home has 3 bedrooms, 2 bathrooms. Brokerage does not advertise on Craigslist and will never ask you to wire money or request funds through a payment app on your mobile device.

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

Expected Rent

$18,696

Expenses

-$4,200

Property Taxes

-$1,750

Loan Payments

-$13,537

Net Cash Flow

-$791

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:Spencer Lindahl
Agent License 2014032139
Main Street Renewal, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4037931
Last Updated: 01/24/2023 13:01
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.