17139 Fenton Dedeaux Rd · Diamondhead, MS 39556

$229,900

3 bd · 3.0 ba · 1,724 sqft · SingleFamily public records · 109 Days on market

Built 2006 0.78 ac lot $133/sqft · 25% below area Est $355k · 35% 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 +7.9/30.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• 1% rule +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

Key facts

• Open floor plan
• Ample parking
• Large backyard

Tags

• OPEN FLOOR PLAN
• SOARING HIGH CEILINGS
• SPACIOUS MASTER SUITE
• BRIGHT OPEN LIVING AREA
• LARGE BACKYARD
• AMPLE PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-244 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $187k (18.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $153k (33.4% below list).
• Recommended offer: $153k (33.4% below list) — sets the bar for 1% rule.

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: 141 active listings in the ZIP; 248 units permitted in Hancock 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.
• Hancock County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $20k (8%) 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 $153,067 (33.4% 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 109 days. Have you received any prior offers? Is the seller open to a 33% 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: 0.67% ✗
• Cap rate: 5.02%
• Cash-on-cash: -4.55%
• DSCR: 0.80
• GRM: 12.5

CMA / ARV

• ARV (median comp): $354,714
• List price: $229,900
• Delta: -35.19%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17161 Fenton Dedeaux Rd	0.06mi	3/2.5	1,851 (+7%)	1mo	$279,000	$151	82

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: -24.0%
• Equity multiple: 0.18×
• Total profit: $-52,852
• Equity at exit: $34,279

10-year hold

• IRR: -19.3%
• Equity multiple: -0.03×
• Total profit: $-66,276
• Equity at exit: $19,878

Cash invested: $64,372 (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 39556

• Home prices YoY: -19.4%
• Active inventory: 141
• Price-to-rent: 12.5×

Monthly cashflow live

• Estimated rent: $1,531 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$152 /mo · $1,821/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $-244

Break-even live

Break-even rent $1,839

Max offer price $186,802

Occupancy floor —

Sensitivity live

Price	-10% $-114	-5% $-179	+0% $-244	+5% $-309	+10% $-374
Rent	-10% $-365	-5% $-304	+0% $-244	+5% $-184	+10% $-123
Rate	-1.0pp $-128	-0.5pp $-185	base $-244	+0.5pp $-304	+1.0pp $-364

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-05-30
   status $229,900 Pending 109 DOM
2. 2026-04-21
   price $239,900 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

3. 2026-03-23
   status Active 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

4. 2026-03-13
   status Pending 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

5. 2026-02-19
   price $244,900 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

6. 2026-01-30
   listed $249,900 Active 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

7. 2026-01-30
   status Pending 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

8. 2026-01-30
   soldstatus Closed 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

9. 2026-01-28
   listed $249,900 Active 782-char remark

   Show marketing remark (782 chars)

   Beautiful 3-bedroom + office, 3-bath home featuring an open floor plan and soaring high ceilings. The spacious master suite offers a relaxing retreat, while the additional bedrooms and dedicated office provide flexibility for family, guests, or work-from-home needs. Enjoy a bright, open living area that flows seamlessly into the kitchen and dining spaces—perfect for entertaining. Outside, a sparkling pool overlooks a large backyard, ideal for gatherings, play, or simply unwinding. A 2-car garage offers ample parking and storage. This property combines comfort, style, and outdoor living in one inviting package. Bring your imagination to complete the needed repairs to make this your own. ** This property must be on the market for 7 days before offers are reviewed. **

10. 2006-10-04
    soldstatus
11. 2006-09-28
    soldstatus 302-char remark

    Show marketing remark (302 chars)

    FANTASTIC LOCATION IN EAST HANCOCK ELEM SCHOOL DISTRICT SPLIT BDRM PLAN EAT-IN KIT AS WELL AS FORM. DIN 2BDR & OFFICE DOWNSTAIRS 1 BDR & FULL BATH UP MANY NICE AMENITIES PLAN #3-1714-4A SUBJ TO CHANGE @ BUILDER'S DISCRETION SALES PRICE MORE THAN LIST PRICE DUE TO ADDITION OF FENCE - ELEC. GATE

12. 2006-06-29
    listed $249,900 302-char remark

    Show marketing remark (302 chars)

    FANTASTIC LOCATION IN EAST HANCOCK ELEM SCHOOL DISTRICT SPLIT BDRM PLAN EAT-IN KIT AS WELL AS FORM. DIN 2BDR & OFFICE DOWNSTAIRS 1 BDR & FULL BATH UP MANY NICE AMENITIES PLAN #3-1714-4A SUBJ TO CHANGE @ BUILDER'S DISCRETION SALES PRICE MORE THAN LIST PRICE DUE TO ADDITION OF FENCE - ELEC. GATE

ⓘ 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: $1,821 · $152/mo
• Projected year-2 tax: $1,821 · $152/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: $18,368
• − Mortgage interest: −$12,878
• − Property taxes: −$1,821
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,469
• − Management: −$1,469
• − Depreciation: −$6,688
• Taxable loss: −$7,108
• Est. tax savings @ 24.0%: +$1,706
• After-tax cash flow: $-1,222/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

• City population: 9,338
• Population (ZIP): 7,583

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 (92%)
• Race & ethnicity: White 92% Two or more races 7% Hispanic / Latino 4%
• Common ancestry: Lithuanian 16% Hungarian 1% Slovak 1%
• Foreign-born: 0%
• Languages at home: 98% English-only · French/Haitian/Cajun 1% Spanish 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: ▼ -45.52%
• Current HPI: 188.5373
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-4.0% since first listed

11 events — show timeline

• 2026-04-21 Price Changed $239,900 MLSU
• 2026-03-23 Relisted — MLSU
• 2026-03-13 Pending — MLSU
• 2026-02-19 Price Changed $244,900 MLSU
• 2026-01-30 Listed $249,900 MLSU
• 2026-01-30 Pending — MLSU
• 2026-01-30 Sold (MLS) — MLSU
• 2026-01-28 Listed $249,900 MLSU
• 2006-10-04 Sold (Public Records) — Public Records
• 2006-09-28 Sold (MLS) — MLSU
• 2006-06-29 Listed $249,900 MLSU

Property tax history

+5.3%/yr

Latest (2025): $1,821 · +1.3% YoY. Source: county tax records.