2342 Napoleon Ave

Pearl, MS 39208
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3 bd, 1 ba | 1,255 sqft | Built in 1965

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List Price
$170,000

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$1,440

Total Return

$61,108

Annualized Return

20.1%

Cap Rate

7.6%

Gross Yield

10.2%

Cash Flow

$3,061

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

54,667,800

HOA

None

Flood Risk

Not Required

Welcome home to 2342 Napoleon Avenue in Pearl! This is a home full of charm, updates, and all the warmth you've been looking for. With 3 bedrooms, 1 bathroom, and 1,255 square feet of thoughtfully designed space, this is the perfect place to start your next chapter.
From the moment you pull up, the classic white brick and siding will make you feel right at home. Step inside, and you're greeted by a welcoming living room that's perfect for relaxing after a long day. The wood flooring adds a warm touch and flows seamlessly into the hallway, leading to the heart of the home: the updated kitchen! The kitchen has everything you need and more, including beautiful, granite countertops, remodeled cabinets, a pantry for all your snacks, a shiny new sink, and a brand-new oven just waiting for your favorite recipes. Need more room to spread out? This home offers two living rooms! The second living room, located just off the kitchen, has durable vinyl flooring and a gas log fireplace—making it the perfect spot to gather with loved ones or unwind in comfort. All three bedrooms are a great size with plenty of closet space, and the bathroom features stylish tile flooring that's both practical and attractive. Step outside, and you'll find the covered patio that's perfect for morning coffee or evening dinners. There are also two storage sheds (including one brand new!), there's plenty of space for tools, lawn equipment, and more! For your convenience, the home also offers a covered carport with an extended concrete parking slab that is perfect for your vehicles and guests. This home is conveniently located near Pearl's best shopping, dining, and entertainment—so you're never far from what you need. If you're ready to make this charming and inviting home yours, call your favorite Realtor today and schedule a tour!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$16,416

Expenses

-$3,113

Property Taxes

-$1,000

Loan Payments

-$9,242

Net Cash Flow

$3,061

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:Thomas Cothren
Agent License S55694
Dream Home Properties
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4098136
Last Updated: 12/04/2024 16:12
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