8178 HIGHWAY 198 E

LUCEDALE, MS 39452
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3 bd, 2 ba | 1,869 sqft | Built in 2000

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,870

Total Return

$109,996

Annualized Return

22.0%

Cap Rate

6.5%

Gross Yield

9.0%

Cash Flow

$1,688

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

This beautiful home, built in 2000, has received some fresh new updates while maintaining its timeless appeal. Featuring 3 spacious bedrooms and 2 full bathrooms, it offers the perfect balance of comfort and convenience.
The home boasts inviting front and back porches, ideal for relaxing and enjoying the outdoors. Situated on a generous 1-acre lot, the property offers plenty of space for activities, gardening, or potential expansion.
Located just a short drive from town, you'll enjoy the benefits of country living with easy access to local amenities.
Don't miss out on this fantastic opportunity to own a charming home in a peaceful, yet accessible location!

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$21,318

Expenses

-$3,795

Property Taxes

-$2,250

Loan Payments

-$13,586

Net Cash Flow

$1,688

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:Lisa Havard
Agent License S50055
Coldwell Banker Smith Homes
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109207
Last Updated: 04/06/2025 17:04
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