4351 Forest Park Dr

Jackson, MS 39211
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3 bd, 2 ba | 1,888 sqft | Built in 1954

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List Price
$199,000

Initial Investment

$54,228

Purchase Price

$199,000

Down Payment

25%

Rent

$1,740

Total Return

$54,811

Annualized Return

15.8%

Cap Rate

6.7%

Gross Yield

10.5%

Cash Flow

$1,670

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,939

HOA

None

Flood Risk

Not Required

Beautiful three bedroom two bath home on a large wooded lot in the middle of Northeast Jackson. Location, location. Home has a formal living room/ dining room with built-ins. All three bedrooms are spacious with great closet space. Eat-in kitchen looks out to large den and back deck. Den offers a built in desk and cabinets and a wood burning fireplace. Lots of natural light throughout the home. Home offers great space for entertaining with family and friends.

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$19,836

Expenses

-$3,827

Property Taxes

-$3,520

Loan Payments

-$10,819

Net Cash Flow

$1,670

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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:Todd Anderson
Agent License S50549
Charlotte Smith Real Estate
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4091625
Last Updated: 12/06/2024 15:12
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