8331 Makiki DrDiamondheadMS39525
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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
Investment property for sale in Diamondhead at 8331 Makiki Dr, Diamondhead, MS, 39525 offers a 10.48% rental yield on a $340,000 purchase with $2,968/mo rent. Total monthly income registers $2,968/mo, and a $1,664/mo payment leaves $888/mo available for distribution. Annual cash flow reaches $10,650/yr on $112,710 to close, and return on cash invested stands at 29.36% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 153.44% and total cumulative return in cash at $172,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,968/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.29 Acres 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: Gwen L Parker • Wells Realty, LLC.
Mls Name: MLS United
Mls ID: #4127525