50 Choctaw Cir
Ocean Springs, MS 39564
List Price
$285,000
Initial Investment
$77,663Purchase Price
$285,000
Down Payment
25%
Rent
$1,880
Total Return
$65,964
Annualized Return
13.1%
Cap Rate
5.6%
Gross Yield
7.9%
Cash Flow
-$477
Appreciation
4.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,019
HOA
None
Flood Risk
Not Required
This home has something for everyone! If you love cooking, you'll appreciate the 42-inch gas range in the kitchen. Need space for a large family? With 2 full baths and 1 half bath, there's plenty of room for everyone. Whether you're hosting guests indoors or outdoors, there's ample space for entertaining. Plus, this property is a registered National Wildlife Refuge, meaning you can enjoy the return of monarch butterflies and birds of all kinds year after year. Unwind in the hot tub on chilly nights, and make the most of the peaceful outdoor space that's perfect for entertaining. Bonus: it's located in a Golf Cart District, just a short distance from the beach but not in a flood zone. Call your favorite realtor today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$21,432Expenses
-$3,815Property Taxes
-$2,600Loan Payments
-$15,494Net Cash Flow
-$477See 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:Cherie Miller
Agent License S54041
Realty ONE Group Associates
Agent License S54041
Realty ONE Group Associates
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4098021
Last Updated: 12/02/2024 23:12
MLS #4098021
Last Updated: 12/02/2024 23:12