15237 Clemson Ave

Gulfport, MS 39503
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3 bd, 2 ba | 1,763 sqft | Built in 2014

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$2,070

Total Return

$68,665

Annualized Return

16.2%

Cap Rate

7.0%

Gross Yield

9.9%

Cash Flow

$3,354

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,663

HOA

$17/mo

Flood Risk

Not Required

Enjoy serenity in this adorable 3 bedroom 2 bath in Belvedere Place Subdivision - one of the very few homes in the neighborhood with a water view of the pond across the way (and not in a flood zone). 11' ceilings make this home feel grand from start to finish. The oversized great room and open floor plan is perfect for entertaining and you can still enjoy your privacy with a split bedroom plan. The primary suite is spacious and lovely in every way with tray ceilings, double sinks, large tub, separate shower, and private toilet room in the en-suite private bath with a huge walk-in closet. The kitchen and bathrooms feature granite counters, custom tile, and backsplash and there is even a nook for reading/computer. There is also a spacious laundry room with cabinets and folding counter, Shiplap Mudroom with bench, shelves and coat hooks, great for organizing.The backyard is perfect for relaxing with a covered patio. The neighborhood is quiet and well-maintained, making it the perfect place to call home. Don't miss out on this awesome home with affordable insurance! And there are 2 playgrounds in the neighborhood!!

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

Annual Financial Highlights

Expected Rent

$23,598

Expenses

-$4,268

Property Taxes

-$2,390

Loan Payments

-$13,586

Net Cash Flow

$3,354

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.

Similar Listings



Listing Courtesy of:Mandy Merritt
Agent License S49861
Century 21 Busch Realty Group
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4090468
Last Updated: 12/13/2024 16:12
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