1258 Tropical Cv

Gulfport, MS 39507
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2 bd, 3 ba | 1,152 sqft | Built in 2007

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,230

Total Return

$40,026

Annualized Return

16.2%

Cap Rate

7.3%

Gross Yield

10.2%

Cash Flow

$1,988

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

3,049

HOA

None

Flood Risk

Not Required

Welcome to 1258 Tropical Cv, a charming townhouse located in Gulfport, MS. This lovely home was built in 2007 and offers a comfortable and convenient living space for its residents. With 2 bedrooms, 2 bathrooms, and 1 half bathroom, this property is perfect for a small household or individuals looking for a cozy place to call home.Spanning across 1,152 square feet, this two-story townhouse has a practical layout that maximizes space and functionality. The main level features a spacious living room, a well-appointed kitchen with modern appliances, and a dining area that is perfect for entertaining guests. Upstairs, you will find two comfortable bedrooms with ample closet space and two full bathrooms. This property is very well maintained and was recently updated. It has a beautiful outside deck for your morning pleasures and No HOA fees to have to worry about. The property sits on a generously sized lot, providing plenty of outdoor space for relaxation and recreation. Whether you enjoy gardening, hosting barbecues, or simply soaking up the sun, the backyard offers endless possibilities for outdoor enjoyment.LOCATION...LOCATION...LOCATION! ...Located only 5 to 10 minutes from the beach & just one minute from your local, in a quiet and friendly neighborhood. 1258 Tropical Cv offers a peaceful retreat from the hustle and bustle of city life. Despite its tranquil setting, this townhouse is conveniently located near shopping, dining, schools, and other amenities, making it easy to access everything you need on a daily basis.Overall, this property is a wonderful opportunity for anyone looking for a well-maintained home in a desirable location. With its modern amenities, spacious layout, and convenient location, 1258 Tropical Cv is sure to impress even the most discerning homebuyers. Don't miss out on the chance to make this lovely townhouse your new home sweet home. This gorgeous townhouse will include all Furnishings

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

Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,801

Property Taxes

-$1,350

Loan Payments

-$7,883

Net Cash Flow

$1,988

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:Bill Johnson
Agent License B18112
Realty Solutions
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4093127
Last Updated: 01/19/2025 17:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.