8960 MS Highway 413

Weir, MS 39772
image0

4 bd, 2 ba | 1,648 sqft | Built in 1975

slider image
slider image
slider image
List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,500

Total Return

$89,711

Annualized Return

28.4%

Cap Rate

8.8%

Gross Yield

11.3%

Cash Flow

$4,713

Appreciation

7.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

Just 45 min/ 37 miles from Starkville, MS. Great 4/2/1648 square foot home on 1 +/- acre.
Eligible for the Education-Sumner Grant to Mississippi State University, Ole Miss, Univ MS Medical Center, Holmes Community College, and Millsaps College. Beautiful view from the rocking chairs on the front porch. Peaceful and tranquil setting surrounded by lush green pasture land. Elementary school is French Camp School District. Middle and High School is Choctaw County or French Camp Academy. 3.2 miles from French Camp. Near churches, shopping, schools, Natchez Trace and the Historic French Camp Tourist site.

This home has super-low-county taxes. It is 4 bedrooms, 2 full baths, extra large 4-car carport for ample parking, updated bathrooms and new hardwood floors in bedrooms 1-2. Ceramic tile in bathrooms 3- 4. Community water, septic tank, central heat and air. Washer, dryer and large chest freezer will remain.
Separate laundry room with outside door. Friends entry under the carport to foyer and bathroom and bedroom 4. Front door to Open den and eat in kitchen. Most of the house has been updated with paint and new insulated windows. The fireplace has been plumbed for propane/gas logs. This house is cool ,bright and airy in the Summer and cozy, inviting, warm in the Winter. The huge front yard is perfect for bird watching or a family pick-up game of soccer or baseball. This property is a must-see for an unbelievable price. Don't wait too long. Make an appointment with a realtor of your choice asap.

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

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,429

Property Taxes

-$260

Loan Payments

-$8,698

Net Cash Flow

$4,713

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.

Similar Listings



Listing Courtesy of:Tonya Cutts
Agent License 23450
Crye-Leike Of MS-SH
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4088876
Last Updated: 12/20/2024 12:12
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.