111 HERONS BAY CIR

MADISON, MS 39110
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4 bd, 3 ba | 1,936 sqft | Built in 2025

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List Price
$398,000

Initial Investment

$108,455

Purchase Price

$398,000

Down Payment

25%

Rent

$2,470

Total Return

$73,698

Annualized Return

10.8%

Cap Rate

5.2%

Gross Yield

7.4%

Cash Flow

-$1,247

Appreciation

3.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,375

HOA

None

Flood Risk

Not Required

Hard to Find 4 Bedroom 2.5 Bath! Attention to Detail makes this home Unique. Custom Cabinets in beautiful kitchen w/ granite countertops and island. Open, split floor plan with high ceilings throughout including gambrel ceilings in 2 bedrooms and tray ceiling in the main bedroom.
Corner fireplace in the living/dining area with access to an oversized back porch and large backyard. Call your Realtor to see!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$28,158

Expenses

-$4,167

Property Taxes

-$3,600

Loan Payments

-$21,637

Net Cash Flow

-$1,247

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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Listing Courtesy of:Clay Beard
Agent License B15540
BrokerSouth Properties of Jxn
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4107457
Last Updated: 03/25/2025 18:03
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