3806 DEVONSHIRE DR

MOSS POINT, MS 39563
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4 bd, 3 ba | 1,673 sqft | Built in 1966

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,310

Total Return

$49,555

Annualized Return

16.1%

Cap Rate

6.6%

Gross Yield

9.0%

Cash Flow

$1,412

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

38,768

HOA

None

Flood Risk

High Risk - Zone AE

With some finishing touches this could be your dream home! This 4-bedroom, 3-bath concrete block residence has unlimited potential and boasts a unique multilevel design, offering a perfect opportunity for style and functionality. Nestled on a sprawling .89-acre lot, this property promises ample space for outdoor activities and future expansion. Step inside to discover an open den /kitchen living area with natural light. Adjacent to the kitchen is a family room, perfect for relaxing with loved ones. Three additional generously sized bedrooms provide plenty of space for family and guests. There is a large fourth bedroom which includes a bar downstairs, and could also be used for a den, office, or entertainment room. With two more well-appointed bathrooms, mornings will be a breeze. Outside, the expansive yard offers endless possibilities for gardening, play, or simply enjoying the serene surroundings. This area is within a mile of the bayou, MS River and Gulf coast. Come see this property today. Call your realtor to schedule a showing. Motivated seller.

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

Annual Financial Highlights

Expected Rent

$14,934

Expenses

-$2,658

Property Taxes

-$1,350

Loan Payments

-$9,514

Net Cash Flow

$1,412

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:Rachael Gill
Agent License S54242
eAgent Gulf Coast
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4104437
Last Updated: 02/21/2025 10:02
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