2002 Ray Ave Pascagoula, MS 39567
Estimated payment $847/month
Highlights
- No HOA
- 1-Story Property
- Central Heating and Cooling System
- Lake Elementary School Rated A
About This Home
Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month.
The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term.
In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal.
Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process.
This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,356
Year Built
- Built in 1984
Lot Details
- 9,148 Sq Ft Lot
Parking
- Carport
Home Design
- House
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- 1,584 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Metes And Bounds Subdivision
Listing and Financial Details
- Assessor Parcel Number 4-04-01-422.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,356 | $8,647 | $972 | $7,675 |
| 2023 | $1,356 | $8,647 | $972 | $7,675 |
| 2022 | $1,316 | $8,474 | $972 | $7,502 |
| 2021 | $1,332 | $8,579 | $972 | $7,607 |
| 2020 | $1,257 | $8,006 | $1,245 | $6,761 |
| 2019 | $264 | $5,893 | $913 | $4,980 |
| 2018 | $267 | $5,893 | $913 | $4,980 |
| 2017 | $232 | $5,893 | $913 | $4,980 |
| 2016 | $232 | $5,893 | $913 | $4,980 |
| 2015 | $231 | $53,570 | $8,300 | $45,270 |
| 2014 | $249 | $6,026 | $913 | $5,113 |
| 2013 | $269 | $6,214 | $913 | $5,301 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | Price Changed | $139,000 | -6.7% | $88 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $149,000 | +113.2% | $94 / Sq Ft |
| 09/08/2021 09/08/21 | Sold | -- | -- | -- |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- |
| 08/22/2021 08/22/21 | For Sale | $69,900 | -- | $44 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $40,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $3,752 | Land Contract Argmt. Of Sale |
Source: MLS United
MLS Number: 4108475
APN: 4-04-01-422.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
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