104 Tulip Drive

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104 Tulip Drive

Picayune, MS 39466
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 at 104 Tulip Drive in Picayune
  • The property features a versatile unrestricted zoning classification
  • Mobile homes are permitted on this specific development site
  • Parcel is situated within a growing suburban Mississippi market
  • Coordinates place the lot precisely at 30.4853 latitude -89.6966 longitude

What's Special

This residential land for sale at 104 Tulip Drive in Picayune, Mississippi, presents a straightforward development opportunity for individuals or investors seeking unrestricted acreage. Situated in a region known for its accessible small-town character and connection to the broader Gulf Coast region, this parcel provides flexibility for various residential applications. The location allows for the placement of mobile homes, making it a functional choice for those looking for affordable housing solutions or a site for a manufactured home setup. With its unrestricted status, the land accommodates diverse site planning needs for future owners. Picayune serves as a growing suburban market within the metro area, benefiting from proximity to major transit routes that link local residents to larger employment hubs. Prospective buyers may find this site suitable for personal residential projects or as a foundational investment in the regional housing landscape. The surrounding area maintains a quiet environment appropriate for long-term residential use and development.

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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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