701 Bowles St

Belzoni, MS 39038
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4 bd, 3 ba | 2,864 sqft | Built in 1951

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List Price
$245,000

Initial Investment

$66,763

Purchase Price

$245,000

Down Payment

25%

Rent

$2,030

Total Return

$116,230

Annualized Return

23.8%

Cap Rate

7.1%

Gross Yield

9.9%

Cash Flow

$3,235

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

Welcome to this elegant, traditional brick home nestled on a beautifully landscaped corner lot. This three-bedroom, two-and-a-half-bath residence offers timeless charm with its classic architecture and meticulously maintained exterior. Inside, you'll find spacious, light-filled rooms designed for both comfort and style. The gourmet kitchen flows seamlessly into the main living areas, perfect for entertaining. Outdoors, a private swimming pool awaits, surrounded by lush landscaping, creating a tranquil oasis for relaxation and recreation. This property embodies curb appeal and offers both elegance and functionality for any lifestyle.

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

Annual Financial Highlights

Expected Rent

$23,142

Expenses

-$4,337

Property Taxes

-$2,250

Loan Payments

-$13,319

Net Cash Flow

$3,235

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:Pam Powers
Agent License B12007
Powers Properties
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4096245
Last Updated: 11/08/2024 17:11
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