120 BARBARA CIR

OCEAN SPRINGS, MS 39564
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4 bd, 2 ba | 1,644 sqft | Built in 1970

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,800

Total Return

$69,268

Annualized Return

18.4%

Cap Rate

7.4%

Gross Yield

10.0%

Cash Flow

$3,314

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

High Risk - Zone AE

120 Barbara Circle, Ocean Springs, MS - A Must-See Property!
Located in the sought-after Woodhaven neighborhood, this charming four-bedroom, two-bathroom home is the perfect blend of convenience and comfort. Situated in a prime cul-de-sac location, you'll enjoy easy access to a variety of local amenities, including restaurants, grocery stores, schools, boutiques, hospitals, a police department, and a fire station - everything you need just minutes away.
This spacious home is ideal for anyone looking for a rental investment or a cozy starter home. It's located near the football field and just seven minutes from downtown Ocean Springs, offering easy access to the pharmacy and other essential services.
Inside, the home features a unique master bedroom with a jetted tub, urinal, and toilet - offering a luxurious touch. The kitchen is equipped with modern stainless steel appliances, and the refrigerator is included. The spacious backyard and front yard provide ample space for outdoor activities, and the back deck is perfect for relaxing or entertaining. Additionally, there is an RV hookup for added convenience.
This home is priced to sell and is ready for its next owner. Proof of income or preapproval must be provided before scheduling a showing. Please allow 24 hours' notice for appointments, and note that the home is currently occupied.
Don't miss out on this one-of-a-kind opportunity! Schedule your showing today!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$3,867

Property Taxes

-$1,650

Loan Payments

-$11,689

Net Cash Flow

$3,314

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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Last Updated: 03/20/2025 04:03
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