9610 Kini Ct · Diamondhead, MS 39525

$240,000

3 bd · 2.0 ba · 1,424 sqft · SingleFamily public records · 8 Days on market

Built 2020 Good condition 0.25 ac lot Est $238k · at est. $7/mo HOA

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.9/30.0
• ARV discount +7.1/15.0
• DSCR +6.3/10.0
• 1% rule +4.4/10.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully maintained 3-bedroom 2-bath home built in 2020, located in the highly sought-after Diamondhead community! This home offers an open living area featuring tray ceilings and natural light. The eat-in kitchen has a breakfast bar, granite countertops, sleek black appliances, and ample cabinet storage. The split floor plan provides added privacy, while the spacious primary suite features a large walk-in closet with access to the laundry room. Enjoy the convenience of an attached 2-car garage and a fully fenced backyard with a covered patio perfect for relaxing, entertaining, or pets. Diamondhead residents enjoy access to exceptional amenities, including premier golf courses, a world-class tennis center, marina, and a vibrant community center which hosts events year-round. Conveniently located just minutes from beaches, dining, shopping, and entertainment, this home offers the perfect blend of comfort, lifestyle, and location. Schedule your private showing today!

Key facts

• Black appliances
• Open living area
• Eat-in kitchen

Tags

• OPEN LIVING AREA
• EAT-IN KITCHEN
• BREAKFAST BAR
• GRANITE COUNTERTOPS
• BLACK APPLIANCES
• AMPLE CABINET STORAGE

Property features AI

Finance

• HOA & community: Homeowners association with $85 annual fee; Common grounds/area

Exterior

• Parking: Attached garage, 2 spaces
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Central heating; Central air conditioning
• Home design: Single-story; Brick construction; Shingle roof; Excellent condition; Located on a cul-de-sac; City lot
• Construction: Built on slab foundation
• Exterior features: Covered porch; Porch

Interior

• Kitchen: Dishwasher; Microwave; Oven; Range
• Bedrooms: Total rooms: 3
• Bathrooms: 2 full bathrooms
• Interior features: Ceiling fan(s); Granite counters
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (5.6% below list).
• Recommended offer: $227k (5.6% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 4.8% in Diamondhead — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#59 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Hancock County School District (rural): math 47% / reading 44% proficiency, ranked #23 of 130 in MS (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 246 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 248 units permitted in Hancock County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Hancock County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $226,652 (5.6% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 7.74%
• Cash-on-cash: 5.17%
• DSCR: 1.23
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $237,808
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10737 Linohau Way	0.24mi	3/2.0	1,508 (+6%)	4mo	$239,500	$159	75
10763 Lilinoe Way	0.44mi	3/2.0	1,444 (+1%)	5mo	$175,000	$121	73
87112 Highpoint Dr	0.43mi	3/2.0	1,475 (+4%)	1mo	$319,000	$216	73
8826 Kipapa Way	0.74mi	3/2.0	1,413 (-1%)	1mo	$249,000	$176	63
9823 Ala Moana St	0.62mi	3/2.0	1,498 (+5%)	2mo	$229,000	$153	61
87136 Golf Club Dr	0.58mi	3/2.0	1,496 (+5%)	6mo	$250,000	$167	59
9827 Ana Hulu St	0.70mi	3/2.0	1,469 (+3%)	3mo	$245,000	$167	59
9817 Pokai Way	0.44mi	3/2.0	1,561 (+10%)	6mo	$235,000	$151	59
9826 Ala Moana St	0.65mi	4/2.0 (+1)	1,361 (-4%)	1mo	$239,997	$176	56
988 Kaimuki Ct	0.70mi	3/2.0	1,315 (-8%)	1mo	$189,999	$144	54
8878 Kipapa Ct	0.59mi	3/2.0	1,288 (-10%)	5mo	$199,000	$155	53
9838 Ala Moana St	0.62mi	3/2.0	1,614 (+13%)	1mo	$299,900	$186	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.69×
• Total profit: $-20,505
• Equity at exit: $35,785

10-year hold

• IRR: 1.2%
• Equity multiple: 1.08×
• Total profit: $5,645
• Equity at exit: $20,751

Cash invested: $67,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Mississippi: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 39525

• Home prices YoY: -19.1%
• Active inventory: 246
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,267 medium
• Mortgage (P&I): −$1,259
• Tax from tax record: −$135 /mo · $1,624/yr
• Insurance: −$100
• HOA: −$7
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $290

Break-even live

Break-even rent $1,900

Max offer price $240,000

Occupancy floor 82%

Sensitivity live

Price	-10% $426	-5% $358	+0% $290	+5% $222	+10% $154
Rent	-10% $111	-5% $200	+0% $290	+5% $379	+10% $469
Rate	-1.0pp $411	-0.5pp $351	base $290	+0.5pp $227	+1.0pp $164

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
250 Highpoint Dr Unit 250 Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	21d	1	0.50mi
250 Highpoint Dr Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	44d	1	0.50mi
289 Highpoint Dr Diamondhead, MS	2.0	2.5	1340	$1,700	$1.27	14d	1	0.56mi

HOA detail

• Monthly dues: $7 · $84/yr

Listing history 8 events

1. 2026-06-07
   statusdays on market $240,000 Pending 8 DOM
2. 2026-06-05
   days on market $240,000 Active 6 DOM
3. 2026-06-03
   days on market $240,000 Active 5 DOM
4. 2026-06-02
   days on market $240,000 Active 4 DOM
5. 2026-06-01
   days on market $240,000 Active 3 DOM
6. 2026-05-31
   days on market $240,000 Active 2 DOM
7. 2026-05-30
   remarks 699-char remark
8. 2026-05-30
   listed $240,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MS · Resets to sale price

• Current annual tax: $1,624 · $135/mo
• Projected year-2 tax: $1,896 · $158/mo
• Expected delta: +$272/yr (+$23/mo · 16.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,198
• − Mortgage interest: −$13,444
• − Property taxes: −$1,624
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,176
• − Management: −$2,176
• − HOA: −$84
• − Depreciation: −$6,982
• Taxable loss: −$487
• Est. tax savings @ 24.0%: +$117
• After-tax cash flow: $3,593/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab

This 2020-built home in Diamondhead offers a good condition with a fresh paint job and well-maintained landscaping. It's move-in ready with a good layout and modern finishes.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both furniture — improves the home's livability and appeal
• Both smart home integration — increases convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both furniture — improves the home's livability and appeal ↑
• Both smart home integration — increases convenience and marketability ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hancock County School District
• NCES district ID: 2801740
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 44% ▼ -9.00%
• Median HH income: $47,971
• Composite: 38.88/100
• National rank: #4099
• State rank: #23 of 130 in MS

Livability — Diamondhead

• Score: 68/100
• State rank: #59
• US rank: #9320

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Diamondhead, MS
• County: Hancock County · 9,338 people
• City population: 9,338
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 9,338
• Household income: $87,407
• Rent vs Own: 10.3% rent · 89.7% own

Population outlook (Hancock County) Hauer SSP2

• Today (2025): 52,161 people
• By 2030: 54,753 · +5.0%
• By 2040: 59,242 · +13.6%
• By 2050: 62,417 · +19.7%
• By 2075: 68,168 · +30.7%
• By 2100: 69,212 · +32.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 9% Hispanic / Latino 8% Black 2%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 10% Slovak 3% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Hancock

• 2024 margin: Solid R (+58.7) · D 20.1% · R 78.8% · Other 1.1%
• 2008→2024 swing: -4.4pp toward R · 2008: -54.2pp · 2024: -58.7pp
• All cycles: 2024: R+58.7 2020: R+55.5 2016: R+59.4 2012: R+52.8 2008: R+54.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.77%
• Current HPI: 193.4883
• Rent YoY: —
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+36.3% since first listed

5 events — show timeline

• 2026-05-29 Listed $240,000 AcadianaMLS
• 2026-05-29 Listed $240,000 GSREIN
• 2026-05-29 Listed $240,000 MLSU
• 2020-05-20 Sold (MLS) — MLSU
• 2020-02-10 Listed $176,080 MLSU

Property tax history

+47.8%/yr

Latest (2025): $1,624 · +0.0% YoY. Source: county tax records.