52 Hendry Rd
Bay Springs, MS 39422
List Price
$185,000
Initial Investment
$50,413Purchase Price
$185,000
Down Payment
25%
Rent
$1,920
Total Return
$84,945
Annualized Return
25.2%
Cap Rate
9.0%
Gross Yield
12.5%
Cash Flow
$5,668
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
54,450
HOA
None
Flood Risk
Not Required
Welcome home to 52 Hendry Rd in Bay Springs, MS. This beautiful home provides a peaceful & serene country setting while providing the convenience of being inside the city limits. The inviting, spacious 3 bedroom, 2 bathroom residence features a metal roof, recent updates to include granite countertops in the kitchen, stainless steel appliances, ceramic tile flooring throughout, a new paint scheme, and more. Storage options abound throughout the home from built in shelving to large closets. Outside you'll be surrounded by an immense 1.25 acre lot and a well planned back patio overlooking tranquil pasture land with a pond. Offering plenty room for hobbies & leisure activities with family & friends. Call your agent today to schedule at tour of this amazing property!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$21,888Expenses
-$4,652Property Taxes
-$1,510Loan Payments
-$10,058Net Cash Flow
$5,668See 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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Last Updated: 05/02/2024 04:05
MLS #4076624
Last Updated: 05/02/2024 04:05