1203 FIELD LARK LN NE

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1203 FIELD LARK LN NE

BROOKHAVEN, MS 39601-2038
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land asset located in Brookhaven Mississippi
  • Property features a fully renovated three-bedroom two-bathroom home
  • The site occupies a location at 1203 Field Lark Ln NE
  • Asset is well positioned within a stable residential submarket
  • Suitable for immediate occupancy or as a rental investment

What's Special

This residential land parcel located at 1203 Field Lark Ln NE in Brookhaven, Mississippi, presents an opportunity for development within a growing regional market. The site is situated in an area known for its accessible local infrastructure and connection to major transportation routes that serve the broader Lincoln County region. Brookhaven maintains a steady economic climate supported by its manufacturing and healthcare sectors, making it a viable area for residential growth and investment. The property currently features a fully renovated three-bedroom, two-bathroom home. Given the nature of the residential zoning and existing improvements, the site is well-suited for continued residential use as a primary dwelling or as a rental investment property. Investors seeking a turnkey residential asset in the Brookhaven market will find this location provides a stable foundation for their portfolio. The proximity to local amenities and community services enhances the overall utility and long-term potential of this residential asset.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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