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Sold over 1 year ago

$215,000

3 bd ba 3006 sqft

1011 County Rd 338, Falkner, MS 38629

Residential SFR Needs Repairs

Current Rent **

N/A

Projected Rent **

$1,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

1011 County Rd 338 Falkner, MS 38629

Welcome to the charming town of Falkner, MS! This spacious 3-bedroom, 2.5-bathroom farmhouse fixer upper awaits your personal touch. Sitting on a generous 1.67-acre lot, this 3,006 sq ft home features a two-car garage and delightful front/back porches for savoring country vistas. With tile/vinyl flooring on the ground floor, a large master suite, and a family-friendly ambiance, this is an ideal opportunity to create your dream country haven.  Valued at $270K post-renovations. This property is 15min from Ripley, MS

Estimated ARV: $270K

Repairs: $20k

Roof
Tile in Bathroom
Carpet on Stairs
Paint

Location:

1011 County Rd 338, Falkner, MS 38629

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.