894 Hanalei Pl

Diamondhead, MS 39525
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3 bd, 2 ba | 1,887 sqft | Built in 2008

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List Price
$305,000

Initial Investment

$83,113

Purchase Price

$305,000

Down Payment

25%

Rent

$2,040

Total Return

$68,802

Annualized Return

12.7%

Cap Rate

5.5%

Gross Yield

8.0%

Cash Flow

-$887

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,375

HOA

$56/mo

Flood Risk

Not Required

Elegant 3 Bedroom/2 full bath ADORABLE home nestled in Diamondhead.
On top of already wonderful amenities in Diamondhead such as 3 community pools, golf, fishing lake, and a country club for it's residents-- this home boasts high ceilings, surround sound, large crown molding, beautiful wood floors and a big functional add on deck in back. Samsung washer and dryer included. Back yard is wide. Lot is elevated lot, not a flood zone.
Gas fireplace has electric start and 250 pound propane tank underground.
The community has it's own library, restaurants, biking trails, tennis courts new pickle ball courts, Rouse Grocery, salons, Memorial clinic, and walking trails.
Some schools nearby are
E Hancock Elementary Public
Holy Trinity or St. Vincent De Paul Elementary
Our Lady Academy / St. Stanislaw
Hancock High

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993

Annual Financial Highlights

Expected Rent

$23,256

Expenses

-$4,812

Property Taxes

-$2,750

Loan Payments

-$16,581

Net Cash Flow

-$887

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Stephanie Mankiewicz
Agent License S51773
Keller Williams
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4095479
Last Updated: 11/22/2024 23:11
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