6523 Rye Grass Rd
Biloxi, MS 39532
List Price
$229,900
Initial Investment
$62,648Purchase Price
$229,900
Down Payment
25%
Rent
$1,980
Total Return
$60,187
Annualized Return
15.4%
Cap Rate
6.9%
Gross Yield
10.3%
Cash Flow
$2,534
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,019
HOA
None
Flood Risk
High Risk - Zone VE
This stunning all-brick home offers an exceptional living experience with its spacious open floor plan and open design. Featuring four bedrooms and two baths, this residence is perfect for both family living and entertaining guests. High ceilings throughout enhance the sense of space and light, creating a welcoming atmosphere.
The master suite is a true retreat, boasting double walk-in closets that provide ample storage space. Enjoy outdoor living on the long covered back porch, perfect for relaxing or hosting gatherings. The fenced backyard offers privacy and security, complete with a convenient shed for additional storage. With small number of needed repairs, this property combines comfort and style, making it an ideal choice for your next home.
See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights
Expected Rent
$22,572Expenses
-$4,319Property Taxes
-$3,220Loan Payments
-$12,499Net Cash Flow
$2,534See 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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Listing Courtesy of:Gaye McDaniel
Agent License B19427
McDaniel Realty Group, LLC
Agent License B19427
McDaniel Realty Group, LLC
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4101418
Last Updated: 01/19/2025 18:01
MLS #4101418
Last Updated: 01/19/2025 18:01