1633 Herron Rd

Courtland, MS 38620
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4 bd, 2 ba | 2,013 sqft | Built in 1960

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$1,530

Total Return

$70,075

Annualized Return

12.4%

Cap Rate

2.9%

Gross Yield

6.7%

Cash Flow

-$7,743

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

21,780

HOA

None

Flood Risk

Not Required

Charming 4-bedroom, 2 bathroom home nestled in serene rural setting. Spacious living areas, cozy bedrooms, and peaceful surroundings perfect for relaxation and enjoying nature's beauty.

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

Annual Financial Highlights

Expected Rent

$17,442

Expenses

-$3,105

Property Taxes

-$7,130

Loan Payments

-$14,950

Net Cash Flow

-$7,743

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:Charica Neely
Agent License S-57306
EXP Realty BOF
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4076405
Last Updated: 04/12/2024 05:04
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