7828 Koko Pl · Diamondhead, MS 39525

$230,000

3 bd · 2.0 ba · 1,640 sqft · SingleFamily public records · 45 Days on market

Built 1994 10,018 sqft lot $140/sqft · 14% below area Est $261k · 12% under $82/mo HOA · 4% of rent

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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 +18.9/30.0
• ARV discount +12.8/15.0
• DSCR +6.0/10.0
• 1% rule +4.7/10.0
• 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

Here is your opportunity to purchase a move in ready home on a quiet cul-de-sac. The location is desirable and flood insurance is not required. The kitchen has granite countertops, an electric range with double ovens, double door pantry & ceramic tile floors. The breakfast nook has sliding doors & leads to a 15' x 16' back deck. The deck is shaded by mature trees and is the perfect place to entertain, grill, or to enjoy your morning coffee. The yard has plush St. Augustine grass which is a bonus for anyone who likes a well-manicured lawn. The home offers a split bedroom floor plan as well as an open living room/formal dining room with laminate flooring. All the bedrooms are spacious. The master bedroom suite has plenty of room for large furniture as well as a cozy seating area. This home is a wonderful option if you are just starting out, downsizing, or are looking for a quaint home in a terrific location. Call to schedule your personal tour! ***The back yard shed is not included with the sale and will be removed prior to closing***

Key facts

• Quiet cul-de-sac
• Double ovens
• Granite countertops

Tags

• QUIET CUL-DE-SAC
• WOOD-BURNING FIREPLACE
• GRANITE COUNTERTOPS
• DOUBLE OVENS
• FENCED BACKYARD
• MATURE TREES

Property features AI

Finance

• HOA & community: Association with monthly fees; Primary association fee $56 per month; Secondary association fee $26 per month; Association covers grounds maintenance, management, pool service, and security

Exterior

• Parking: 2-car garage; Driveway; 6 total parking spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Sewer connected; Water connected
• Home design: Single-family house; One level
• Construction: Vinyl siding; Slab foundation; Architectural shingle roof; Built in 2026 (per owner-provided year built source)
• Exterior features: Rain gutters

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave; Refrigerator
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Wood-burning fireplace in the living room; Move-in ready condition

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $238 ($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 $223k (2.9% below list).
• Recommended offer: $223k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.5% 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

• It's been on market 45 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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; 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 $223,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 0.97% ✗
• Cap rate: 7.53%
• Cash-on-cash: 4.43%
• DSCR: 1.20
• GRM: 8.6

CMA / ARV

• ARV (median comp): $260,669
• List price: $230,000
• Delta: -11.77%
• 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
7830 Maui Pl	0.28mi	3/2.0	1,660 (+1%)	5mo	$275,000	$166	80
7879 Hilo Way	0.28mi	3/2.0	1,728 (+5%)	6mo	$242,000	$140	73
885 Manini Way	0.59mi	3/2.0	1,685 (+3%)	2mo	$299,000	$177	67
67183 E Diamondhead Dr	0.46mi	3/2.0	1,503 (-8%)	2mo	$249,000	$166	63
57154 E Diamondhead Dr	0.71mi	3/2.0	1,625 (-1%)	4mo	$259,000	$159	62
89338 Diamondhead Dr	0.49mi	3/2.0	1,774 (+8%)	1mo	$329,000	$185	62
8921 Hanalei Cir	0.61mi	3/2.0	1,714 (+4%)	3mo	$237,500	$139	61
682 Auahi Pl	0.44mi	3/2.0	1,865 (+14%)	0mo	$244,000	$131	56
876 Manini Way	0.63mi	3/2.0	1,750 (+7%)	6mo	$225,000	$129	54
88154 Golf Club Dr	0.72mi	3/2.0	1,775 (+8%)	1mo	$279,000	$157	51
87136 Golf Club Dr	0.64mi	3/2.0	1,496 (-9%)	6mo	$250,000	$167	50
8826 Kipapa Way	0.72mi	3/2.0	1,413 (-14%)	1mo	$249,000	$176	43

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: -9.4%
• Equity multiple: 0.66×
• Total profit: $-22,131
• Equity at exit: $34,294

10-year hold

• IRR: 0.0%
• Equity multiple: 1.00×
• Total profit: $208
• Equity at exit: $19,886

Cash invested: $64,400 (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: 8.6×

Monthly cashflow live

• Estimated rent: $2,232 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$142 /mo · $1,701/yr
• Insurance: −$96
• HOA: −$82
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $238

Break-even live

Break-even rent $1,931

Max offer price $230,000

Occupancy floor 84%

Sensitivity live

Price	-10% $368	-5% $303	+0% $238	+5% $173	+10% $108
Rent	-10% $61	-5% $150	+0% $238	+5% $326	+10% $414
Rate	-1.0pp $354	-0.5pp $296	base $238	+0.5pp $178	+1.0pp $118

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
289 Highpoint Dr Diamondhead, MS	2.0	2.5	1340	$1,700	$1.27	14d	1	0.73mi
250 Highpoint Dr Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	44d	1	0.85mi
250 Highpoint Dr Unit 250 Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	21d	1	0.85mi

HOA detail

• Monthly dues: $82 · $984/yr
• Likely covers: electric

Listing history 27 events

1. 2026-06-18
   days on market $230,000 Active 45 DOM
2. 2026-06-17
   days on market $230,000 Active 44 DOM
3. 2026-06-16
   days on market $230,000 Active 43 DOM
4. 2026-06-15
   days on market $230,000 Active 42 DOM
5. 2026-06-14
   days on market $230,000 Active 40 DOM
6. 2026-06-13
   days on market $230,000 Active 39 DOM
7. 2026-06-10
   days on market $230,000 Active 37 DOM
8. 2026-06-09
   days on market $230,000 Active 36 DOM
9. 2026-06-08
   days on market $230,000 Active 35 DOM
10. 2026-06-07
    days on market $230,000 Active 34 DOM
11. 2026-06-05
    days on market $230,000 Active 31 DOM
12. 2026-06-03
    days on market $230,000 Active 30 DOM
13. 2026-06-02
    days on market $230,000 Active 29 DOM
14. 2026-06-01
    days on market $230,000 Active 28 DOM
15. 2026-05-31
    days on market $230,000 Active 27 DOM
16. 2026-05-30
    days on market $230,000 Active 26 DOM
17. 2026-05-04
    listed $230,000 Active 1037-char remark
18. 2026-04-08
    historical
19. 2026-03-27
    price $229,900
20. 2025-11-28
    price $232,500
21. 2025-11-05
    price $235,000
22. 2025-10-09
    listed $240,000 Active
23. 2022-10-17
    soldstatus
24. 2022-10-12
    soldstatus Closed

    Show marketing remark (1071 chars)

    Here is your opportunity to purchase a move in ready home on a quiet cul-de-sac. The location is desirable and flood insurance is not required. The kitchen has granite countertops, an electric range with double ovens, double door pantry & ceramic tile floors. The breakfast nook has sliding doors & leads to a 15' x 16' back deck. The deck is shaded by mature trees and is the perfect place to entertain, grill, or to enjoy your morning coffee. The yard has plush St. Augustine grass which is a bonus for anyone who likes a well-manicured lawn. The home offers a split bedroom floor plan as well as an open living room/formal dining room with laminate flooring. All the bedrooms are spacious. The master bedroom suite has plenty of room for large furniture as well as a cozy seating area. This home is a wonderful option if you are just starting out, downsizing, or are looking for a quaint home in a terrific location. Call to schedule your personal tour! ***The back yard shed is not included with the sale and will be removed prior to closing***

25. 2022-09-09
    status Pending

    Show marketing remark (1071 chars)

    Here is your opportunity to purchase a move in ready home on a quiet cul-de-sac. The location is desirable and flood insurance is not required. The kitchen has granite countertops, an electric range with double ovens, double door pantry & ceramic tile floors. The breakfast nook has sliding doors & leads to a 15' x 16' back deck. The deck is shaded by mature trees and is the perfect place to entertain, grill, or to enjoy your morning coffee. The yard has plush St. Augustine grass which is a bonus for anyone who likes a well-manicured lawn. The home offers a split bedroom floor plan as well as an open living room/formal dining room with laminate flooring. All the bedrooms are spacious. The master bedroom suite has plenty of room for large furniture as well as a cozy seating area. This home is a wonderful option if you are just starting out, downsizing, or are looking for a quaint home in a terrific location. Call to schedule your personal tour! ***The back yard shed is not included with the sale and will be removed prior to closing***

26. 2022-09-05
    listed $192,500 Active

    Show marketing remark (1071 chars)

    Here is your opportunity to purchase a move in ready home on a quiet cul-de-sac. The location is desirable and flood insurance is not required. The kitchen has granite countertops, an electric range with double ovens, double door pantry & ceramic tile floors. The breakfast nook has sliding doors & leads to a 15' x 16' back deck. The deck is shaded by mature trees and is the perfect place to entertain, grill, or to enjoy your morning coffee. The yard has plush St. Augustine grass which is a bonus for anyone who likes a well-manicured lawn. The home offers a split bedroom floor plan as well as an open living room/formal dining room with laminate flooring. All the bedrooms are spacious. The master bedroom suite has plenty of room for large furniture as well as a cozy seating area. This home is a wonderful option if you are just starting out, downsizing, or are looking for a quaint home in a terrific location. Call to schedule your personal tour! ***The back yard shed is not included with the sale and will be removed prior to closing***

27. 1998-07-15
    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: $1,701 · $142/mo
• Projected year-2 tax: $1,817 · $151/mo
• Expected delta: +$116/yr (+$10/mo · 6.8%)

ⓘ 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 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: $26,787
• − Mortgage interest: −$12,884
• − Property taxes: −$1,701
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,143
• − Management: −$2,143
• − HOA: −$984
• − Depreciation: −$6,691
• Taxable loss: −$908
• Est. tax savings @ 24.0%: +$218
• After-tax cash flow: $3,071/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

+19.5% since first listed

11 events — show timeline

• 2026-05-04 Listed $230,000 MLSU
• 2026-04-08 Listing Removed — MLSU
• 2026-03-27 Price Changed $229,900 MLSU
• 2025-11-28 Price Changed $232,500 MLSU
• 2025-11-05 Price Changed $235,000 MLSU
• 2025-10-09 Listed $240,000 MLSU
• 2022-10-17 Sold (Public Records) — Public Records
• 2022-10-12 Sold (MLS) — MLSU
• 2022-09-09 Pending — MLSU
• 2022-09-05 Listed $192,500 MLSU
• 1998-07-15 Sold (Public Records) — Public Records

Property tax history

+4.3%/yr

Latest (2025): $1,701 · +0.0% YoY. Source: county tax records.