196 Bradley Rd

Ovett, MS 39464

3 bd, 1 ba | 1,587 sqft | Built in 1948

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,470

Total Return

$64,676

Annualized Return

20.1%

Cap Rate

7.2%

Gross Yield

10.1%

Cash Flow

$2,415

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

79,279

HOA

None

Flood Risk

Not Required

This property offers ample space and featuring -/+ 1.82 acres. Bring your vision and update this house the way you want. The home features a new HVAC system, brand new ducts, and new subflooring. Featuring 3 bedrooms, 1 bathroom, a 2 car carport, and a separate guest house with its own entrance. This property is eligible under the Freddie Mac First Look Initiative through 07/18/2025.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$16,758

Expenses

-$3,165

Property Taxes

-$1,670

Loan Payments

-$9,508

Net Cash Flow

$2,415

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:Jody Lott
Agent License S48082
Beach View Real Estate
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109648
Last Updated: 06/27/2025 15:06
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