20260 28th St

Long Beach, MS 39560
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2 bd, 2 ba | 832 sqft | Built in 1966

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,180

Total Return

$37,900

Annualized Return

15.4%

Cap Rate

7.0%

Gross Yield

9.8%

Cash Flow

$1,587

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

47,916

HOA

None

Flood Risk

High Risk - Zone AE

2- Bedroom / 1 & 1/2 Bathroom perfect starter home or investment property sitting on 1-Acre +/-.
This newly remodeled property is centrally located close to the Military Base and is just a short drive to downtown Long Beach, Pass Christian and/or Gulfport.
Features include a large yard, front porch, sunroom and large laundry room.
With ample potential and a blank canvas, this property is your chance to create the home of your dreams or a profitable investment.

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

$13,452

Expenses

-$2,632

Property Taxes

-$1,350

Loan Payments

-$7,883

Net Cash Flow

$1,587

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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Similar Listings



Listing Courtesy of:Vicki Estapa
Agent License B24525
HL Raymond Properties, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4083835
Last Updated: 02/13/2025 21:02
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.