104 Donnie Ln

Lucedale, MS 39452
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4 bd, 3 ba | 1,235 sqft | Built in 1986

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List Price
$260,000

Initial Investment

$70,850

Purchase Price

$260,000

Down Payment

25%

Rent

$1,470

Total Return

$90,733

Annualized Return

17.2%

Cap Rate

4.7%

Gross Yield

6.8%

Cash Flow

-$2,710

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

453,460

HOA

None

Flood Risk

Not Required

Large 4/3 older home on 10.41 acres in Greene County just off Dickerson Sawmill Road. The home has a woodburning fireplace with insert in the den. 16x30 shed, the front of the property is fenced. Part of land in front is fenced and could be used for Farm animals, has a garden spot and different fruit trees.
Home is in need of some repairs and could use some upgrades.
SOLD ''AS IS'' with no warranties of any kind. Seller will not make any repairs.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$16,758

Expenses

-$2,983

Property Taxes

-$2,350

Loan Payments

-$14,135

Net Cash Flow

-$2,710

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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

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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:Amy Erkhart
Agent License S58812
Bobinger Realty Group
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4094884
Last Updated: 04/26/2025 11:04
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