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413 Boone Aly, Grenada, MS, 38901

2beds
2baths
732sqft
$15,000
$20price/sqft
$289/moest. monthly cost
$11,560/yrincome needed

About This Home

Investor Opportunity or Affordable Starter Home! This reasonably priced 2-bedroom, 2-bath home offers more space than meets the eye. Situated on a desirable corner lot, the unique floor plan features one bedroom and one full bath on the main level, with an additional bedroom and bath upstairs. With some floor and ceiling repairs, this property has excellent potential as a rental investment, flip, or affordable owner-occupied home. Bring your renovation plans and unlock the possibilities this hidden gem has to offer. Sold As-Is.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

9/10
Grenada Elementary SchoolGrades PK-51.9 mi
5/10
Grenada Middle SchoolGrades 6-81.5 mi
8/10
Grenada High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1987

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rambler
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Aluminum Frames
  • Flooring: Carpet,Combination,Laminate

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 732
  • Total interior livable area: 732 sqft

Property

Details

  • Parcel number: 103n07264.00

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 1,742 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 1
  • Parking features: No Garage,On Site,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave
Earthquake
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters in Grenada County and Mississippi

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $75$900
Home Insurance *$13$156
Property Taxes $9$108
Electricity $192$2,304
Total$289$3,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$9,908/yr
40% on housing$8,670/yr
45% on housing$7,706/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 38901$87
Grenada County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 38901$72
Grenada County$54

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-28Listed for sale$15,000

For Sale by Agent

AgentPamela R Butler
BrokerageP.A.M. Realty LLC

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