28 31st St

Gulfport, MS 39507
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4 bd, 2 ba | 1,733 sqft | Built in 1957

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,680

Total Return

$55,487

Annualized Return

16.8%

Cap Rate

7.4%

Gross Yield

10.3%

Cash Flow

$2,985

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,068

HOA

None

Flood Risk

High Risk - Zone A

Super cute 4 bedroom home with fresh paint on the interior. Updated Kitchen with granite ctops, custom cabinets, all SS appliances and open to dining & living room. Ceramic tile flooring through out. House got all new soundproof windows & doors in 2019 from Gulfport Airport Authority. Plus it Comes with a WHOLE HOUSE GENERATOR, Tankless Hot Water Heater (gas) Washer/Dryer in Laudry Rm with cabinets & Sink. Bonus room that can be used as an Office or lg Stroage Rm. Great screened in patio & an side entry carport for 2 cars. Workshop/Stg in the fenced in backyard, plus a Firepit to enjoy. Close to resturants, shopping, schools and a short walk to the beach. Move in ready home that comes with several wall mounted TV's. Come see today.

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

Annual Financial Highlights

Expected Rent

$19,152

Expenses

-$3,665

Property Taxes

-$1,900

Loan Payments

-$10,601

Net Cash Flow

$2,985

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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MS Brokerage License 23628
SourceMLS United
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Last Updated: 03/17/2025 15:03
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