2806 HICKMAN AVE

PICAYUNE, MS 39466
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3 bd, 2 ba | 1,542 sqft | Built in 1965

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List Price
$198,999

Initial Investment

$54,227

Purchase Price

$198,999

Down Payment

25%

Rent

$1,420

Total Return

$61,380

Annualized Return

16.6%

Cap Rate

6.0%

Gross Yield

8.6%

Cash Flow

$448

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,939

HOA

None

Flood Risk

Not Required

Welcome to this beautifully updated three-bedroom, two-bath home designed for modern living and effortless entertaining. Recent upgrades include a new roof and HVAC system, fresh paint, and luxury vinyl plank flooring throughout. The fully renovated bathrooms feature elegant ceramic tiles in the shower and on the floors. The open-concept living and dining area flows seamlessly into a bright, newly upgraded kitchen with sleek granite countertops and new appliances. Beyond the kitchen, a spacious family room opens through sliding glass doors to a charming back patio and a large backyard, perfect for hosting gatherings or relaxing outdoors. With a layout focused on comfort and functionality, this home is ready for you to move in and enjoy. Schedule your private showing today!

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

Annual Financial Highlights

Expected Rent

$16,188

Expenses

-$2,881

Property Taxes

-$2,040

Loan Payments

-$10,819

Net Cash Flow

$448

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:Samantha Mitchell
Agent License B23252
Blackwater Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4108695
Last Updated: 04/06/2025 22:04
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