Looking for an affordable rental investment with an existing tenant and income already coming in?
NOW REDUCED TO JUST $79,999!
Check out this 3-bedroom, 1-bath single-family home in Moss Point, Mississippi, currently generating $800 per month in rental income!
With a tenant in place, an existing lease through March 2027, and a newly reduced purchase price below $80,000, this property deserves a spot on your rental investment radar.
THE NUMBERS THAT MATTER
NEW Investor Purchase Price: $79,999
Current Monthly Rent: $800
Annual Gross Rental Income: $9,600
Gross Annual Rental Yield: Approximately 12.0%
Monthly Rent-to-Price Ratio: Approximately 1.00%
Occupancy: Tenant-occupied
Lease Through: March 2027
Recent Price Reduction: $5,001
Gross yield is calculated before taxes, insurance, maintenance, management, vacancy, financing, and other operating expenses.
PROPERTY HIGHLIGHTS
3 Bedrooms | 1 Bathroom
Approximately 1,152 SF
Single-family residence
Approximately 0.11-acre lot
Existing tenant paying $800/month
Lease in place through March 2027
Cosmetic updates offer potential for future improvements
Affordable entry point for rental investors
WHY INVESTORS SHOULD TAKE A LOOK
EXISTING RENTAL INCOME
No need to start from scratch searching for a tenant. This property is already occupied with an existing rental income stream, subject to tenant payment status and lease terms.
NEW LOWER ACQUISITION PRICE
Previously offered at $85,000, this property is now available for just $79,999 — a $5,001 price reduction! The lower purchase price improves the gross rental yield to approximately 12.0%, giving investors a more attractive entry point.
STRONGER RENT-TO-PRICE RATIO
With $800 in scheduled monthly rent and a purchase price of $79,999, the property offers a monthly gross rent-to-price ratio of approximately 1.00%, making it worth evaluating for a buy-and-hold strategy.
POTENTIAL VALUE-ADD OPPORTUNITY
The property could benefit from cosmetic improvements, creating an opportunity to evaluate future rental positioning and long-term value.
FLEXIBLE LONG-TERM INVESTMENT STRATEGY
Whether you're expanding an existing rental portfolio or purchasing another income-producing property, this home offers an established rental arrangement and room to evaluate future improvements.
With a price now below $80,000 and an existing lease through March 2027, this Moss Point rental opportunity deserves a closer look.
Contact Lucas today for additional details, available photos, and purchase information!
SERIOUS CASH BUYERS — BRING YOUR OFFERS!
Property is being sold as-is and tenant-occupied. Existing lease terms and rental payment history are subject to buyer verification. Buyer to independently verify property condition, square footage, taxes, insurance, expenses, lease documentation, and all other information. Gross rental yield reflects scheduled rent before expenses and does not represent net investment returns. No representation is made regarding future rental rates, appreciation, or net returns.
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $110,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $96,000.