6404 Humphrey Rd
Vancleave, MS 39565
List Price
$400,000
Initial Investment
$109,000Purchase Price
$400,000
Down Payment
25%
Rent
$3,970
Total Return
$137,261
Annualized Return
20.3%
Cap Rate
8.5%
Gross Yield
11.9%
Cash Flow
$10,539
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
150,282
HOA
None
Flood Risk
Not Required
Stunning Fixer-Upper on 3.45 Acres with Pond, Sunroom, and Scenic Balcony
Welcome to 6404 Humphrey Road in Vancleave, MS—a captivating fixer-upper nestled on 3.45 acres of serene, picturesque land. This expansive home offers over 4,200 square feet of living space, including 4 bedrooms, 3 bathrooms, three living room areas, and a variety of unique features like a glass-enclosed sunroom and a balcony overlooking the property.
Key Features:
Expansive Interior: With over 4,200 square feet, this home provides a vast, versatile space that can be customized to suit your needs.
4 Bedrooms & 3 Bathrooms: The spacious layout includes four bedrooms and three full bathrooms, perfect for family living or entertaining guests.
Three Living Room Areas: Multiple living spaces offer flexibility for relaxation, entertainment, and creative endeavors.
Glass-Enclosed Sunroom: Enjoy the beauty of the outdoors year-round from the comfort of the glass-enclosed sunroom, perfect for relaxing with a good book or hosting gatherings.
Scenic Balcony: The second-floor balcony offers a beautiful overlook of the expansive property, creating a serene spot for morning coffee or evening relaxation.
3.45 Acres with Stocked Pond: The property includes a peaceful pond stocked with fish, providing a tranquil retreat and the opportunity for leisurely fishing.
Charming Backyard Shed: A quaint shed in the backyard adds extra storage or potential for a workshop or gardening space.
Character and Opportunity: This home is rich in original details, ready to be revitalized and transformed into a stunning, one-of-a-kind estate.
Prime Location: Located in the quiet, welcoming community of Vancleave, you'll enjoy the tranquility of country living while being close to local amenities.
Ideal for DIY enthusiasts, or anyone seeking a spacious home with unique outdoor features, this property offers immense potential. Don't miss the chance to create your dream home at 6404 Humphrey Road. Schedule your showing today and envision the possibilities!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$45,258Expenses
-$9,373Property Taxes
-$3,600Loan Payments
-$21,746Net Cash Flow
$10,539See 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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Last Updated: 12/19/2024 16:12
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Last Updated: 12/19/2024 16:12