718 Highway 28 W

Mize, MS 39116
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4 bd, 3 ba | 2,319 sqft | Built in 1960

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List Price
$239,900

Initial Investment

$65,373

Purchase Price

$239,900

Down Payment

25%

Rent

$2,130

Total Return

$114,108

Annualized Return

23.9%

Cap Rate

7.2%

Gross Yield

10.7%

Cash Flow

$3,224

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

261,360

HOA

None

Flood Risk

Not Required

Are you looking for space to spread out? Look no further than 718 Hwy 28 West in the sought-after Mize school district. This 4 large bedroom, 3 bathroom, 2400 square foot home offers two large living rooms, a large dining room, a huge pantry, and a lovely sunroom. If you need storage this is the home for you. The charming home sits on 6 fenced acres & it's ready for your family to call it home. There's also a shop and a dog run. Don't miss the opportunity to make this remarkable property your own. With its impressive space, acreage, and quiet surroundings, 718 Hwy 28 West is an extraordinary place to call home. Call your favorite realtor to see this property.

See more in Analysis
Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Agent License #S-44457

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$5,816

Property Taxes

-$2,200

Loan Payments

-$13,042

Net Cash Flow

$3,224

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:Chris Curlee
Agent License B15845
Main Street Realty LLC
Certified Agent Brokerage:Monique Maselle Kelly
CENTURY 21 Maselle & Associates
MS Brokerage License B-9203
SourceMLS United
MLS #4074684
Last Updated: 03/26/2024 19:03
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