511 Longino St

Belzoni, MS 39038
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3 bd, 2 ba | 1,621 sqft | Built in 1926

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List Price
$100,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,410

Total Return

$68,795

Annualized Return

35.5%

Cap Rate

11.6%

Gross Yield

16.9%

Cash Flow

$5,343

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

Welcome to 511 Longino Street. This charming home features three bedrooms, two baths, living room, and formal dining room. Picture yourself sipping your morning coffee on the inviting porch or unwinding on the deck in the evenings. This home is ready to make your homeownership dreams a reality. Don't miss out on this opportunity, call your favorite REALTOR for a private showing.

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

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$4,295

Property Taxes

-$1,000

Loan Payments

-$5,437

Net Cash Flow

$5,343

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:Sophia Lovett
Agent License S53345
The Agency Haus LLC DBA Agency
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076583
Last Updated: 04/14/2024 04:04
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.