2170 Salem Campground Rd

Lucedale, MS 39452
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3 bd, 3 ba | 2,300 sqft | Built in 1998

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List Price
$272,000

Initial Investment

$74,120

Purchase Price

$272,000

Down Payment

25%

Rent

$2,280

Total Return

$133,772

Annualized Return

24.7%

Cap Rate

7.5%

Gross Yield

10.1%

Cash Flow

$4,483

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

87,120

HOA

None

Flood Risk

Not Required

Beautiful 2 Story Home- 3br/2.5ba with 2300sf on 2 acres in Central Elementary School District. Features: open floor plan. foyer, formal dining room, gas fireplace, high ceilings, large master bedroom located downstairs, walk-in closet, jetted tub, walk-in shower, new paint & flooring upstairs, 2yr old downstairs a/c, 2yr old roof, wrap around porch, screened back porch, large front porch with views to the pond, and so much more.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$25,992

Expenses

-$4,902

Property Taxes

-$1,820

Loan Payments

-$14,787

Net Cash Flow

$4,483

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:Janie Grice
Agent License S49561
Better Homes & Gardens RE Traditions
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076376
Last Updated: 04/26/2024 16:04
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