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Assignment

Contract Assignment · 3BR/2.0BA in Pascagoula, MS | $125,000

421 Delmas Ave, Pascagoula, MS · Listed Jan 2025

The seller hasn’t added photos yet
Property typeApartment
Units46
Living area37,668 sqft
Lot0.8 acres
Year built1968

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 421 DELMAS AVE, Pascagoula, MS. Contract price $125,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate
7.8%
Net operating income
$19,536/yr
Cash flow
+$1,628/mo
Occupancy
32 of 46 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.