118 Molokai Vlg #DDiamondheadMS39525
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Diamondhead at 118 Molokai Vlg #D, Diamondhead, MS, 39525 priced at $115,000 pairs $1,079/mo rent with $375/mo cash flow after a $563/mo payment. Total monthly income equals $1,079/mo, and annual cash flow comes to $4,501/yr on $38,123 invested. Return on cash invested is 31.72% in year one, and rental yield stands at 11.26% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 166.19% and total cumulative return in cash reaches $63,357. For financing, Ziffy Mortgage’s DSCR program evaluates $1,079/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39525, Diamondhead, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,869 (81.0%) |
| Renter Occupied HU | 461 ( 9.6%) |
| Vacant Housing Units | 449 ( 9.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $267,598 |
Housing Distribution
Address Breakdown
Residential
4,578
Single Family
4,578
Multi-Family
0
Businesses
224
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Listed by: Amity L Gipson • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4119995