964 Linohau Way · Diamondhead, MS 39525

$85,000

3 bd · 2.0 ba · 1,620 sqft · SingleFamily public records · 15 Days on market

Built 2005 0.43 ac lot $52/sqft · 63% below area $32/mo HOA · 1% of rent ↓ 43% since listing

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ENJOY PRIVACY & LUXURY in this almost NEW HOME on TWO LOTS - 3BR; 2 BA; CROWN MOLDING throughout; CERAMIC TILE, RECESSED LIGHTS; HUGE MASTER BA WITH GARDEN TUB, SIT-DOWN SHOWER, SKYLIGHT, & EXTRA LARGE WALK-IN CLOSET WITH BUILT-INS. LARGE WOOD DECK with HOT TUB; OVER 350F FENCING; SPRINKLER SYS.

Key facts

• 0.43 acre lot
• 2 garage spots
• Community pool

Property features AI

Finance

• HOA & community: Community association with $32 monthly fee; Association fee includes grounds maintenance; Community amenities: boating, golf, pool, tennis courts

Exterior

• Parking: 2-car garage; 2 carport spaces; Driveway
• Utilities: Public water; Public sewer; Utilities (see remarks)
• Home design: Single family residence; Manufactured house; One story
• Construction: Siding exterior; Shingle roof; Chainwall and pillar/post/pier foundation; Built as a fixer
• Exterior features: Deck; Workshop; Fenced lot; Other exterior features (see remarks)

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Oven; Other appliances (see remarks)
• Flooring: Carpet; See remarks
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Cathedral ceilings; Ceiling fans; Walk-in closets; Sliding doors; Fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $85k).
• Recommended offer: $84k (1.5% below list) — sets the bar for market timing.
• Cap rate 23.3% 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 21d 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 $588 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $83,725 (1.5% 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: 2.67% ✓
• Cap rate: 23.26%
• Cash-on-cash: 60.59%
• DSCR: 3.70
• GRM: 3.1

CMA / ARV

• ARV (median comp): $226,820
• List price: $85,000
• Delta: -62.53%
• 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
9624 Kini Pl	0.14mi	3/2.0	1,668 (+3%)	3mo	$219,000	$131	86
10737 Linohau Way	0.17mi	3/2.0	1,508 (-7%)	4mo	$239,500	$159	77
9536 Poni Pl	0.36mi	3/2.0	1,714 (+6%)	1mo	$229,900	$134	73
9838 Ala Moana St	0.72mi	3/2.0	1,614 (-0%)	1mo	$299,900	$186	65
9817 Pokai Way	0.59mi	3/2.0	1,561 (-4%)	6mo	$235,000	$151	62
10763 Lilinoe Way	0.45mi	3/2.0	1,444 (-11%)	5mo	$175,000	$121	57
95522 W Diamondhead Dr	0.54mi	3/2.0	1,782 (+10%)	2mo	$300,000	$168	56
87112 Highpoint Dr	0.61mi	3/2.0	1,475 (-9%)	1mo	$319,000	$216	56
10750 Linohau Way	0.31mi	3/2.0	1,378 (-15%)	6mo	$142,000	$103	55
9823 Ala Moana St	0.74mi	3/2.0	1,498 (-8%)	2mo	$229,000	$153	51
88154 Golf Club Dr	0.70mi	3/2.0	1,775 (+10%)	1mo	$279,000	$157	50
9834 Pokai Way	0.55mi	4/2.0 (+1)	1,848 (+14%)	0mo	$249,500	$135	46

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: 59.4%
• Equity multiple: 3.64×
• Total profit: $62,801
• Equity at exit: $12,674

10-year hold

• IRR: 64.1%
• Equity multiple: 7.44×
• Total profit: $153,383
• Equity at exit: $7,349

Cash invested: $23,800 (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: 3.1×

Monthly cashflow live

• Estimated rent: $2,265 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$75 /mo · $898/yr
• Insurance: −$35
• HOA: −$32
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $1,202

Break-even live

Break-even rent $744

Max offer price $85,000

Occupancy floor 42%

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: $21,250
• Closing costs: $2,550
• 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	20d	1	0.65mi
250 Highpoint Dr Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	43d	1	0.65mi
289 Highpoint Dr Diamondhead, MS	2.0	2.5	1340	$1,700	$1.27	13d	1	0.73mi

HOA detail

• Monthly dues: $32 · $384/yr

Listing history 8 events

1. 2026-05-02
   status Pending
2. 2026-05-02
   historical
3. 2026-04-24
   listed $95,000 Active
4. 2012-06-11
   historical
5. 2012-03-05
   listed $116,500
6. 2006-05-01
   soldstatus
7. 2006-04-12
   soldstatus

   Show marketing remark (304 chars)

   ENJOY PRIVACY & LUXURY in this almost NEW HOME on TWO LOTS - 3BR; 2 BA; CROWN MOLDING throughout; CERAMIC TILE, RECESSED LIGHTS; HUGE MASTER BA WITH GARDEN TUB, SIT-DOWN SHOWER, SKYLIGHT, & EXTRA LARGE WALK-IN CLOSET WITH BUILT-INS. LARGE WOOD DECK with HOT TUB; OVER 350F FENCING; SPRINKLER SYS.

8. 2005-11-20
   listed $149,000

   Show marketing remark (304 chars)

   ENJOY PRIVACY & LUXURY in this almost NEW HOME on TWO LOTS - 3BR; 2 BA; CROWN MOLDING throughout; CERAMIC TILE, RECESSED LIGHTS; HUGE MASTER BA WITH GARDEN TUB, SIT-DOWN SHOWER, SKYLIGHT, & EXTRA LARGE WALK-IN CLOSET WITH BUILT-INS. LARGE WOOD DECK with HOT TUB; OVER 350F FENCING; SPRINKLER SYS.

ⓘ 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: $898 · $75/mo
• Projected year-2 tax: $898 · $75/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 5/10 Major
• 🌡 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: $27,186
• − Mortgage interest: −$4,761
• − Property taxes: −$898
• − Insurance: −$425
• − Repairs & maintenance: −$2,175
• − Management: −$2,175
• − HOA: −$384
• − Depreciation: −$2,473
• Taxable income: $13,895
• Est. tax owed @ 24.0%: −$3,335
• After-tax cash flow: $11,086/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: 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

-43.0% since first listed

13 events — show timeline

• 2026-05-26 Price Changed $85,000 MLSU
• 2026-05-22 Price Changed $87,900 MLSU
• 2026-05-19 Price Changed $89,900 MLSU
• 2026-05-19 Relisted — MLSU
• 2026-05-02 Pending — MLSU
• 2026-05-02 Listing Removed — MLSU
• 2026-05-02 Listing Removed — MLSU
• 2026-04-24 Listed $95,000 MLSU
• 2012-06-11 Listing Removed — MLSU
• 2012-03-05 Listed $116,500 MLSU
• 2006-05-01 Sold (Public Records) — Public Records
• 2006-04-12 Sold (MLS) — MLSU
• 2005-11-20 Listed $149,000 MLSU

Property tax history

-3.2%/yr

Latest (2025): $898 · +0.0% YoY. Source: county tax records.