415 Highpoint DrDiamondheadMS39525
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 415 Highpoint Dr, Diamondhead, MS, 39525 priced at $219,000 pairs $2,035/mo rent with $503/mo cash flow after a $1,072/mo payment. Total monthly income equals $2,035/mo, and annual cash flow comes to $6,032/yr on $72,599 invested. Return on cash invested is 28.22% in year one, and rental yield stands at 11.15% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 148.46% and total cumulative return in cash reaches $107,781. For financing, Ziffy Mortgage’s DSCR program evaluates $2,035/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
871.20 sqft lot
$N/A/sqft
$151 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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Nearby investment properties with comparable prices
Listed by: Nell P Frisbie • Coldwell Banker Alfonso Realty - DH
Mls Name: MLS United
Mls ID: #4094060
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.