1721 Highway 4 W

Ashland, MS 38603
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3 bd, 2 ba | 1,866 sqft | Built in 1963

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,690

Total Return

$113,486

Annualized Return

27.0%

Cap Rate

7.3%

Gross Yield

10.1%

Cash Flow

$2,948

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

87,120

HOA

None

Flood Risk

Not Required

Welcome to your dream country retreat on almost 2 acres! Updates throughout this charming 3/2 split floor plan! Features include: one level with 1,866 sf, 2 sheds provide lots of storage space, RV elec/water hook-ups, wood burning fireplace in kitchen/hearth room/den, gas fireplace in formal living room, stainless steel appliances in kitchen (all remain), walk-in pantry, metal roof, gleaming hardwood floors in formal living and dining rooms, private deck in back for entertaining and relaxing. Only a 5 minute drive to Ashland or a 15 minute drive to Holly Springs.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$3,650

Property Taxes

-$1,800

Loan Payments

-$10,868

Net Cash Flow

$2,948

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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

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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Similar Listings



Listing Courtesy of:Stephanie Stroupe Jones
Agent License S-54625
Welch Realty, Llc
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4087581
Last Updated: 12/13/2024 16:12
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