2718 Highway 98 E

Columbia, MS 39429
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5 bd, 4 ba | 4,022 sqft | Built in 1987

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List Price
$380,000

Initial Investment

$103,550

Purchase Price

$380,000

Down Payment

25%

Rent

$4,590

Total Return

$238,731

Annualized Return

32.2%

Cap Rate

10.2%

Gross Yield

14.5%

Cash Flow

$16,028

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

435,600

HOA

None

Flood Risk

Not Required

Due to no fault of the Seller or this amazing Property, this wonderful home is back on the market!!
This incredible 5-bedroom, 4-bath home, boasting over 4,000 square feet and nestled on 10 acres, is ready to welcome a family who will make it their own. With a spacious 30x50 shop and abundant wildlife for hunting, this property offers a unique blend of outdoor adventure and indoor comfort. The home's character and charm create the perfect canvas for you to transform it into something extraordinary.
Imagine hosting gatherings in the well-appointed kitchen, exploring the outdoors with ATV or dirt bike rides, or building a treehouse where your children can create lifelong memories. Whether it's the excitement of hunting in your backyard or simply enjoying the serene surroundings, this home offers endless possibilities for making unforgettable memories.
Don't miss the opportunity to make this extraordinary property your own—schedule a viewing today and let your family bring this home to life.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$52,326

Expenses

-$12,189

Property Taxes

-$3,450

Loan Payments

-$20,659

Net Cash Flow

$16,028

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:Olivia Hanson
Agent License S57603
Keller Williams
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4091712
Last Updated: 11/19/2024 15:11
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