1228 Monroe St

Jackson, MS 39202
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2 bd, 2 ba | 1,318 sqft | Built in 1930

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List Price
$172,000

Initial Investment

$46,870

Purchase Price

$172,000

Down Payment

25%

Rent

$1,040

Total Return

$33,576

Annualized Return

11.1%

Cap Rate

5.0%

Gross Yield

7.3%

Cash Flow

-$1,155

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

Not Required

Nestled within the charming and historic Belhaven neighborhood, this well maintained 2 bedrooms, 2 bath home is ready for a new owner. Built in 1930, and over the years updated several times. The living areas and bedrooms have wood floors. New double pane wooden framed windows in the living and dining room. A convenient office is adjacent to the living room with plenty of natural light for studying or working. The exterior of the house has been updated with Hardy Plank. Within walking distance of the Belhaven Township District. Convenient to the Fondren District, Eastover District, and all medical centers. This property is sold as is. Call today for your viewing.

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$11,856

Expenses

-$2,110

Property Taxes

-$1,550

Loan Payments

-$9,351

Net Cash Flow

-$1,155

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

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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:Price Hildebrand
Agent License S42615
Elizabeth Knight Real Estate
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4097502
Last Updated: 11/23/2024 19:11
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