6209 Oakland Park St

Meridian, MS 39307
image0

3 bd, 1 ba | 1,377 sqft | Built in 1963

slider image
slider image
slider image
Sold

Exclusive

List Price
$94,950

Initial Investment

$28,981
Pre-approval letter or proof of funds required.

Purchase Price

$79,000

Down Payment

25%

Rent

$1,100

Total Return

$33,990

Annualized Return

19.9%

Cap Rate

10.5%

Gross Yield

16.7%

Cash Flow

$3,394

Appreciation

5.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

08/02/2022

Lease End

08/01/2023

Lot Size

9,188

HOA

None

Flood Risk

Not Required

  • This is a three bedroom/one full bath home. It has been completely renovated, new paint interior/exterior, new floor covering throughout, new vanity, new toilet, and has central heat and air. Located in a nice neighborhood!

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,951

Property Taxes

-$900

Loan Payments

-$4,295

Net Cash Flow

$3,394

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

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.

Similar Listings