6038 W Adams St

Bay Saint Louis, MS 39520
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3 bd, 2 ba | 1,450 sqft | Built in 2011

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List Price
$143,000

Initial Investment

$38,968

Purchase Price

$143,000

Down Payment

25%

Rent

$1,440

Total Return

$56,431

Annualized Return

22.6%

Cap Rate

8.7%

Gross Yield

12.1%

Cash Flow

$4,156

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,326

HOA

None

Flood Risk

High Risk - Zone AE

Nice 3 bedroom 2 bath home on a double lot with 2 fruit trees conveniently located 1 block off of US Hwy 90 in Bay Saint Louis and close to Stennis Space Center.
The location and affordability of this home is great for a quick commute to and from SE Louisiana and all that the MS Gulf Coast has to offer.
No carpet, roof is 12 years old, Call today to schedule your showing,

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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

$16,416

Expenses

-$3,346

Property Taxes

-$1,140

Loan Payments

-$7,774

Net Cash Flow

$4,156

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:Emmett Walsh
Agent License B23794
Allied Realty Coastal Homes
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4076710
Last Updated: 12/23/2024 20:12
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