8840 Kipapa Way

Diamondhead, MS 39525
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3 bd, 3 ba | 2,575 sqft | Built in 1976

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List Price
$289,900

Initial Investment

$78,998

Purchase Price

$289,900

Down Payment

25%

Rent

$1,780

Total Return

$48,873

Annualized Return

9.5%

Cap Rate

4.3%

Gross Yield

7.4%

Cash Flow

-$3,975

Appreciation

4.4%
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Features

Lot Size

0

HOA

$81/mo

Flood Risk

Not Required

Two Bedroom suites upstairs with one bedroom downstairs - each has own bath (3). Well-maintained home and grounds with large brick patio and access to fenced Utility Easement area in rear. Separate workshop / golf cart building. Relaxing Florida room overlooking tree-shaded property. New garage door; Two a/c - heating units; Windows replaced with 5 years; Washer & dryer stay.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667
Annual Financial Highlights

Expected Rent

$20,292

Expenses

-$6,806

Property Taxes

-$1,700

Loan Payments

-$15,760

Net Cash Flow

-$3,975

See more in Financials

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.
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  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
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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:Peggy Hollier
Agent License S25799
RE/MAX Coast Delta Realty
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4048665
Last Updated: 05/26/2023 19:05
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