159 Lanai Vlg #RDiamondheadMS39525
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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 159 Lanai Vlg #R, Diamondhead, MS, 39525 priced at $185,000 converts $1,395/mo rent into after a $905/mo obligation. Total monthly income equals $1,395/mo. Return on cash invested prints 15.02% in year one, and rental yield reads 9.05% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 80.15% and total cumulative return in cash sums $49,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,395/mo property income covering a $905/mo payment, not borrower’s personal income.
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
$475 monthly 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: Lynn M Grego • Coldwell Banker Alfonso Realty - DH
Mls Name: MLS United
Mls ID: #4109495
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.