11220 Alden Cv

Gulfport, MS 39503
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3 bd, 2 ba | 1,223 sqft | Built in 1980

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,290

Total Return

$40,803

Annualized Return

16.0%

Cap Rate

7.2%

Gross Yield

10.3%

Cash Flow

$1,942

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

None

Flood Risk

Not Required

Well maintained brick home on a cul-de-sac just minutes from Highway 605 and I-10 for quick access to all the Golden Gulf Coast has to offer. Enjoy the large back yard from the patio outside the kitchen door. Large trees keep the home shaded most of the mornings. Storage room in garage could be added to the laundry room. Needs flooring or paint the floors to go FHA. Make your appointment today!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$2,959

Property Taxes

-$1,650

Loan Payments

-$8,155

Net Cash Flow

$1,942

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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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Similar Listings



Listing Courtesy of:James Overstreet
Agent License B17680
New Horizons Realty, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4074282
Last Updated: 03/15/2025 21:03
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