5530 Landing Ct · D'Iberville, MS 39540

$238,000

4 bd · 1.0 ba · 1,500 sqft · SingleFamily public records · 100 Days on market

Built 2009 0.42 ac lot $159/sqft · 18% below area Est $347k · 31% under ↓ 4% since listing

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +9.9/30.0
• Schools +4.2/10.0
• DSCR +2.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

Key facts

• Bonus room
• Oversized lot
• Unbeatable location

Tags

• BONUS ROOM
• OVERSIZED LOT
• UNBEATABLE LOCATION

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $238k.

Deal economics

• At list price, monthly cash flow is $-147 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $212k (10.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $164k (31.3% below list).
• Recommended offer: $164k (31.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Harrison County School District (rural): math 52% / reading 46% proficiency, ranked #14 of 130 in MS (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 89 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).

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.
• Harrison County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($217k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $163,554 (31.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.69% ✗
• Cap rate: 5.55%
• Cash-on-cash: -2.65%
• DSCR: 0.88
• GRM: 12.1

CMA / ARV

• ARV (median comp): $347,405
• List price: $238,000
• Delta: -31.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5540 Landing Ct	0.01mi	3/2.0 (-1)	1,351 (-10%)	0mo	$219,000	$162	74
17355 Palm Ridge Dr	0.45mi	3/2.0 (-1)	1,491 (-1%)	7mo	$220,000	$148	64
4974 Windmill Ave	0.34mi	3/2.5 (-1)	1,547 (+3%)	8mo	$229,000	$148	61
17103 Palm Ridge Dr	0.33mi	3/2.0 (-1)	1,441 (-4%)	12mo	$200,000	$139	59
17364 Palm Ridge Dr	0.39mi	3/2.0 (-1)	1,380 (-8%)	7mo	$229,500	$166	54
17067 Palm Ridge Dr	0.30mi	4/2.0	1,668 (+11%)	12mo	$245,000	$147	53
5009 Palmetto Cv	0.33mi	3/2.0 (-1)	1,384 (-8%)	14mo	$210,000	$152	51
17350 Palm Ridge Dr	0.40mi	3/2.0 (-1)	1,701 (+13%)	0mo	$255,000	$150	50
17213 Palm Ridge Dr	0.53mi	3/2.0 (-1)	1,455 (-3%)	14mo	$247,000	$170	50
14508 Indian Trails Cir	0.56mi	3/2.0 (-1)	1,298 (-14%)	12mo	$199,500	$154	33
17869 Kelso Dr	0.71mi	3/2.0 (-1)	1,706 (+14%)	13mo	$293,900	$172	24
17887 Kelso Dr	0.74mi	3/2.0 (-1)	1,706 (+14%)	14mo	$293,900	$172	22

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: -20.8%
• Equity multiple: 0.28×
• Total profit: $-48,058
• Equity at exit: $35,487

10-year hold

• IRR: -14.2%
• Equity multiple: 0.18×
• Total profit: $-54,352
• Equity at exit: $20,578

Cash invested: $66,640 (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 39540

• Home prices YoY: -30.9%
• Active inventory: 89
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $1,636 high
• Mortgage (P&I): −$1,248
• Tax from tax record: −$92 /mo · $1,107/yr
• Insurance: −$99
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $-147

Break-even live

Break-even rent $1,822

Max offer price $211,954

Occupancy floor —

Sensitivity live

Price	-10% $-13	-5% $-80	+0% $-147	+5% $-215	+10% $-282
Rent	-10% $-277	-5% $-212	+0% $-147	+5% $-83	+10% $-18
Rate	-1.0pp $-28	-0.5pp $-87	base $-147	+0.5pp $-209	+1.0pp $-272

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: $59,500
• Closing costs: $7,140
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5467 Quail Creek Cir Diberville, MS	3.0	2.0	1071	$1,400	$1.31	23d	1	0.19mi
15075 Janus Rd Diberville, MS	3.0	2.0	1200	$1,200	$1.00	15d	1	0.27mi
15200 Windmill Ridge Pkwy Diberville, MS	4.0	2.0	2091	$2,600	$1.24	45d	1	0.33mi
17310 Avondale Cir Diberville, MS	3.0	2.0	1200	$1,200	$1.00	23d	1	0.36mi
17281 Avondale Cir D'Iberville, MS	3.0	2.0	1200	$1,400	$1.17	15d	1	0.38mi
17038 Date Palm Dr Diberville, MS	3.0	2.0	1445	$2,100	$1.45	45d	1	0.39mi
17212 Avondale Cir Diberville, MS	3.0	2.0	1200	$1,200	$1.00	15d	1	0.40mi
17813 Kelso Dr D'Iberville, MS	4.0	2.0	1835	$2,300	$1.25	45d	1	0.75mi
5723 Overland Dr Biloxi, MS	3.0	2.0	1736	$2,249	$1.30	23d	1	0.89mi

Listing history 14 events

1. 2026-06-18
   status $238,000 Pending 100 DOM
2. 2026-06-18
   days on market $238,000 Active 100 DOM
3. 2026-06-17
   days on market $238,000 Active 99 DOM
4. 2026-06-16
   days on market $238,000 Active 98 DOM
5. 2026-06-15
   days on market $238,000 Active 97 DOM
6. 2026-06-14
   days on market $238,000 Active 95 DOM
7. 2026-06-13
   status $238,000 Active 94 DOM
8. 2026-05-20
   status Pending 875-char remark

   Show marketing remark (875 chars)

   Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

9. 2026-05-15
   price $238,000 875-char remark

   Show marketing remark (875 chars)

   Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

10. 2026-04-27
    status Active 875-char remark

    Show marketing remark (875 chars)

    Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

11. 2026-01-30
    status Pending 875-char remark

    Show marketing remark (875 chars)

    Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

12. 2025-12-15
    price $239,000 875-char remark

    Show marketing remark (875 chars)

    Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

13. 2025-11-18
    listed $249,000 Active 875-char remark

    Show marketing remark (875 chars)

    Move-in ready and full of updates! This beautifully refreshed 4-bedroom, 2-bath home in D'Iberville sits on almost half an acre and offers the perfect blend of comfort, convenience, and extra space. Step inside to find fresh paint, new flooring, and updated light fixtures and ceiling fans throughout — giving the whole home a clean, modern feel. The partially enclosed garage has been transformed into a bonus room, ideal for a 5th bedroom, home office, playroom, or cozy hangout. Outside, you'll love the oversized lot and the unbeatable location. You're just minutes from The Promenade for shopping and dining, close to the beach, and convenient to local schools. Truly the best of D'Iberville living! And here's a huge perk: this home has an assumable VA loan, offering an incredible opportunity for qualified buyers. Come see why this one checks all the boxes!

14. 2009-10-30
    soldstatus

ⓘ 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: $1,107 · $92/mo
• Projected year-2 tax: $1,880 · $157/mo
• Expected delta: +$773/yr (+$64/mo · 69.8%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,626
• − Mortgage interest: −$13,332
• − Property taxes: −$1,107
• − Insurance: −$1,190
• − Repairs & maintenance: −$1,570
• − Management: −$1,570
• − Depreciation: −$6,924
• Taxable loss: −$6,066
• Est. tax savings @ 24.0%: +$1,456
• After-tax cash flow: $-313/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.

Schools (NCES district)

• District: Harrison County School District
• NCES district ID: 2801770
• Math proficiency: 52% ▼ -4.00%
• Reading proficiency: 46% ▼ -4.00%
• Median HH income: $46,504
• Composite: 41.66/100
• National rank: #3419
• State rank: #14 of 130 in MS

Livability — D'Iberville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: D'Iberville, MS
• Population (ZIP): 13,033

Population outlook (Harrison County) Hauer SSP2

• Today (2025): 228,444 people
• By 2030: 241,942 · +5.9%
• By 2040: 267,531 · +17.1%
• By 2050: 291,062 · +27.4%
• By 2075: 346,711 · +51.8%
• By 2100: 378,165 · +65.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 60% Black 18% Asian 10% Two or more races 9% Hispanic / Latino 9%
• Common ancestry: Romanian 5% Slovak 4% Lithuanian 3%
• Foreign-born: 12% · Canada, Vietnam, South Korea
• Languages at home: 85% English-only · Spanish 6% Vietnamese 6% Other Asian/Pacific 1%

Political lean MEDSL · Harrison

• 2024 margin: Strong R (+28.9) · D 35.0% · R 63.9% · Other 1.1%
• 2008→2024 swing: -2.9pp toward R · 2008: -26.0pp · 2024: -28.9pp
• All cycles: 2024: R+28.9 2020: R+25.2 2016: R+30.7 2012: R+26.6 2008: R+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.70%
• Current HPI: 187.2895
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-4.4% since first listed

7 events — show timeline

• 2026-05-20 Pending — MLSU
• 2026-05-15 Price Changed $238,000 MLSU
• 2026-04-27 Relisted — MLSU
• 2026-01-30 Pending — MLSU
• 2025-12-15 Price Changed $239,000 MLSU
• 2025-11-18 Listed $249,000 MLSU
• 2009-10-30 Sold (Public Records) — Public Records

Property tax history

+0.0%/yr

Latest (2025): $1,107 · +4.9% YoY. Source: county tax records.