329 Shumate Cir Cleveland, MS 38732
This exceptional investment opportunity presents a charming 2-story home nestled on a well-maintained corner lot in Cleveland, Mississippi. Boasting 1,896 square feet of living space, this property features four bedrooms and two bathrooms, conveniently arranged with two bedrooms and a bathroom on each floor. The layout offers both flexibility and privacy for residents. A small, practical laundry room is also included. Situated on a 0.01-acre lot, the home's prime location offers easy access to Delta State University, making it an ideal rental property. Currently rented, its proximity to the university ensures a consistent stream of potential tenants. Enjoy outdoor entertaining on the attractive wooden deck, perfect for grilling and socializing. Sports enthusiasts will appreciate the property's location directly across from the Delta State University baseball field. The asking price is $155,000. This property is zoned as Residential and Hunting/Recreational land. The address is 329 Shumate Circle, Cleveland, MS 38732. Don't miss this chance to acquire a highly desirable property in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.