THIS IS NOT AN ACTIVE DISTRESSED LISTING.
Potential Profit$14,478
This property is no longer available. This property features 2 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 2,080 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Natchez, specifically for Melrose Ave and comparable listings. Based on this expert analysis, the estimated market value is $44,087. This single-family has potential equity of $14,478. If purchased for rental purposes, the monthly rental rate could range between $1,001 and $1,408, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $14,478. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Melrose Ave are updated daily along with others in Natchez, Mississippi, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 4 schools in the area. Nearby schools include Natchez High School and F.L. Moffett Elementary School.
There are plenty of activities near this property like Natchez Museum of African American History, Natchez Convention Center, and more.
Public transportation options include: There are limited public transportation options, primarily focusing on local taxi services and private shuttle services for out-of-town visitors.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Natchez City Park, Liberty Park and more.
Services available in the area include cellular and internet options.
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