Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Floor Plan
Copied
Floor Plan
Photo
Photo
Photo
See all photos

$288,900

For Sale - Active
104 Fernwood Dr, Pass Christian, MS 39571
3 Beds
2 Baths
0 Square Feet
0.25 Acres Lot
Built in 2001
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Oct 02, 2025 at 10:23AM

Investment Summary


Monthly Cash Flow
$181
Cap Rate
6.4%
Cash-on-Cash Return
3.3%
Debt Coverage Ratio
1.13
Internal Rate of Return (5 years)
7.2%

Property Description


0.25 Acres Lot
Built in 2001
For Sale - Active
Units n/a

Charming, Updated Home in Resort-Style Community - Perfect Inside & Out! This beautifully renovated 3-bedroom, 2-bath home offers style, comfort, and effortless living in a highly sought-after golf cart-friendly neighborhood. Outside, the backyard is designed for easy living. With a smaller footprint, it requires little upkeep, giving you the freedom to spend your weekends golfing, enjoying neighborhood amenities, or entertaining instead of mowing and maintaining. Step inside to find elegant Chicago brick accents, luxury laminate and ceramic tile flooring, and an open-concept design that's perfect for both relaxing evenings and entertaining friends. The spacious kitchen and breakfast area flow seamlessly into the living room with a cozy wood-burning fireplace, creating the heart of the home. The oversized primary suite features a bonus office space and a sun-filled ensuite bath—ideal for work-from-home days or a private retreat. Step out to the screened-in porch with hardwood flooring for year-round enjoyment. And the amenities? Just minutes away you'll find the pool, golf course, clubhouse, and tennis courts—making every day feel like a vacation. If you're looking for a move-in ready home that blends charm, convenience, and a worry-free lifestyle, this is the one you've been waiting for. Schedule your tour today!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Concrete
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Asphalt, Shingle
  • Pool: Yes

HOA

  • Has HOA: Yes
  • HOA Fee: $290/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 0313D08017.000
  • Lot Size: 10890 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2001

Tax Information

  • Annual Tax: $1,840

Utilities

  • Water & Sewer: Public
  • Heating: Central, Fireplace(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric

Location

  • County: Harrison

Listing Details


Listed by:
Holly J Gibbs
Berkshire Hathaway HomeServices Preferred Properties
(228) 697-3714

Source:
MLS United
MLS#: 4106712
MLS United

Investment Summary


Monthly Cash Flow
$181
Cap Rate
6.4%
Cash-on-Cash Return
3.3%
Debt Coverage Ratio
1.13
Internal Rate of Return (5 years)
7.2%

Purchase Details

Find an Agent

Purchase price:
$288,900
Amount financed:
-$231,120
Down payment:
$57,780
Closing costs:
$8,667
Rehab costs:
$0
Initial cash invested:
$66,447
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

Find a Lender

Loan amount:
$231,120
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,367
Property tax:
$153
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,695

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$153-$1,840
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (1%)
1%-$24-$288
Total operating expenses: (32%)
32%-$802-$9,628

Cash Flow


Monthly Yearly
Net operating income:
$1,548 $18,576
Mortgage payments:
-$1,367 -$16,404
Cash flow:
$181 $2,172