11469 ASHTON LN E

GULFPORT, MS 39503
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3 bd, 2 ba | 2,832 sqft | Built in 2004

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List Price
$384,900

Initial Investment

$104,885

Purchase Price

$384,900

Down Payment

25%

Rent

$2,280

Total Return

$60,744

Annualized Return

9.2%

Cap Rate

4.8%

Gross Yield

7.1%

Cash Flow

-$3,310

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

44,431

HOA

$21/mo

Flood Risk

Not Required

This beautiful red-brick home, surrounded by large, mature oaks and a serene pond, is ready for you! Nestled at the quiet end of a cul-de-sac, it offers three spacious bedrooms, a study/office, large bonus room with utility sink, cabinet storage, and a reading nook, a spacious pantry, and interior utility room. The master suite includes a roomy walk-in closet, large shower, jetted garden tub, double vanities. Other elegant features include easy-to-clean hardwood floors, ceramic tile, and carpet in bedrooms, crown molding, a granite-topped breakfast bar, storage shelves in the garage, and tons of natural light in the living room, overlooking the porch, backyard and pond.
Speaking of the backyard, this fully-fenced half-acre, with more than 400 feet of water frontage and shaded by beautiful oak trees, offers plenty of space for entertaining guests or just relaxing on the comfortable back porch. Set up the grill on the sturdy concrete side porch, and host guests on the adjacent courtyard while kids have room to roam. In the front of the house, a large porch overlooks the garden and sunny front yard, where you can wave to your neighbors as they walk by.
Pride of ownership shows throughout Ashton Oaks, a small, secluded subdivison that's also conveniently close to I-10 and the amenities of the Cowan-Lorraine corridor. With no flood insurance required, this is one property you won't want to miss!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$25,992

Expenses

-$4,877

Property Taxes

-$3,500

Loan Payments

-$20,925

Net Cash Flow

-$3,310

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 Spear
Agent License B22938
Coast Couple Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4107335
Last Updated: 03/20/2025 15:03
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