4897 ALCORN RD

LORMAN, MS 39096
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3 bd, 2 ba | 2,400 sqft | Built in 1979

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$2,180

Total Return

$103,115

Annualized Return

36.8%

Cap Rate

12.1%

Gross Yield

18.0%

Cash Flow

$8,380

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

32,670

HOA

None

Flood Risk

Not Required

Large fixer upper with as much potential as it has space. This 3 bedroom 3 bath home features a formal dining, formal living room, huge primary bedroom and den. All proudly displayed on a 3/4 acre lot.
Call it home or add it to your rental portfolio, but be sure to call your favorite agent today to schedule your private tour.

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$24,852

Expenses

-$6,919

Property Taxes

-$1,670

Loan Payments

-$7,883

Net Cash Flow

$8,380

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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Similar Listings



Listing Courtesy of:Corey Deyamport
Agent License B24115
Neighbor Well LLC dba Neighbor Well
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4091075
Last Updated: 12/18/2024 14:12
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