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.