5315 Pine Lane Dr

Jackson, MS 39211
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3 bd, 2 ba | 1,356 sqft | Built in 1960

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List Price
$155,000

Initial Investment

$42,238

Purchase Price

$155,000

Down Payment

25%

Rent

$1,420

Total Return

$52,547

Annualized Return

19.5%

Cap Rate

7.9%

Gross Yield

11.0%

Cash Flow

$3,157

Appreciation

4.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,810

HOA

None

Flood Risk

Not Required

Welcome to Briarwood in Jackson! This 1,356 square foot home features 3 bedrooms, 2 bathrooms that's perfect for those who appreciate both indoor comfort and outdoor beauty. With its inviting layout, the home offers plenty of potential for you to create your ideal living space. You'll find a split living room plan - perfect for gatherings and space to relax. The kitchen is spacious and features maximum counter and cabinet space. This property offers an expansive garden, offering a peaceful sanctuary for nature lovers and gardening enthusiasts. This home is being sold as-is, providing a great opportunity to update or renovate to your taste. With its solid foundation and endless possibilities, this property is perfect for someone looking to invest and make it their own. Schedule a showing today!

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

Annual Financial Highlights

Expected Rent

$16,188

Expenses

-$3,204

Property Taxes

-$1,400

Loan Payments

-$8,427

Net Cash Flow

$3,157

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:Jake Clarke
Agent License 23253
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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4095002
Last Updated: 12/09/2024 22:12
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