702 E Jackson Rd
Union, MS 39365
List Price
$89,999
Initial Investment
$24,525Purchase Price
$89,999
Down Payment
25%
Rent
$1,950
Total Return
$84,425
Annualized Return
49.9%
Cap Rate
17.0%
Gross Yield
26.0%
Cash Flow
$9,048
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
13,068
HOA
None
Flood Risk
Not Required
INCOME PRODUCING PROPERTY!! Step back in time and enjoy a slow paced lifestyle in this Quaint home nestled on a corner lot in down town Union Mississippi! Enjoy your early morning
coffee and late afternoons relaxing on the enclosed sun porch. Part of the home is currently being rented with one bedroom, bath, kitchen and living area. The remaining unoccupied portion of the home consist of a nice size kitchen, two bedrooms, laundry room and living area. ***THIS HOME IS BEING SOLD along with another 900 sqft home located next door for additional $55,000.00. GREAT OPPORTUNITY TO OWN TWO INCOME PRODUCING PROPERTIES FOR $144,999.00 while occupying the other side of the home. Both Homes being SOLD AS IS!! Call today to schedule a viewing..
CALL TODAY TO VIEW!! Please give a 24 hour notice. Property possibly could be zoned commercial if buyer desired.
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$22,230Expenses
-$7,069Property Taxes
-$1,220Loan Payments
-$4,893Net Cash Flow
$9,048See 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:Cindy Johnston
Agent License S51659
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Agent License S51659
Nix-Tann & Associates, Inc.
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4089387
Last Updated: 08/12/2025 13:08
MLS #4089387
Last Updated: 08/12/2025 13:08