208 Molokai VlgDiamondheadMS39525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 208 Molokai Vlg, Diamondhead, MS, 39525 generates $1,080/mo in rent, after a $678/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 11.37% in year one, and rental yield is 9.36% on a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation builds toward $38,265 over five years. Five-year ROI reaches 62.33% and total cumulative return in cash sums $28,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Condo
Built in 1974
435.60 sqft lot
$N/A/sqft
$559 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen P Haas • O'Dwyer Realty-BSL
Mls Name: MLS United
Mls ID: #4107352
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.