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Lily - Duplex - 6 Bed Villa for Sale in Bay St. Louis

Home » Property For Sale » Usa » Mississippi » Bay St. Louis » 6 Bed Villa

Property ID: 484966

Villa

Available units

Duplex

$265,500

Key Features

  • - 10% Down - Stated Income loan
  • - No Prepayment Penalty - Totally Turn-Key - Onsite Property Management
  • - No USA Social Security Card or USA Tax ID Number Needed
  • - Experienced Property Management in Place - all tennets screened
  • - Interest Only Payments - No Escrows - No Pre-paids
  • - Builder pays all closing costs and Construction Interest
  • - Minutes from the beaches and casinos and New Orleans
  • - Strong appreciation - hugh demand for affordable housing
  • - Special USA tax benefits

IRIS MODEL (DUPLEX) This is a Go Zone Property.

Full Description

This home is New Construction.

  • Duplex - 3 bedrooms, 2 bath per unit
  • $9,000 (USD) in upgrades included
  • Great potential appreciation - named #1 area in USA for property appreciation in 2008
  • Positive Cash Flow - $1,200 (USD) rent per side per month
  • 32.7% return on investment over 5 years - NOT including Special Federal tax benefits
  • Experienced Property Management is in place - currently spending over $15,000 (USD) per month in advertising for renters
  • LOCK IN YOUR PRICE NOW - ALL PRICES INCREASING SEPTEMBER 2008

 This beautiful home is fulfilling the demand in the Mississippi gulf coast for affordable housing.  Located in a Go Zone with 50% depreciation in the first year if you qualify  Great Potential Rental Returns Strong Projected Appreciation  Minutes from the Beach  Huge Demand for housing Low Supply  Extraordinary Exchange Rates

 

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