96457 W Diamondhead Dr · Diamondhead, MS 39525

$126,000

2 bd · 2.0 ba · 1,000 sqft · SingleFamily public records · 106 Days on market

Built 1974 0.60 ac lot $126/sqft · 23% below area Est $180k · 30% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Excellent opportunity to own a 1 bedroom, 2 bath property in a highly desired community featuring golf, pools, storage areas, and nearby parks. This home is currently generating $1,200 per month in rental income, making it a strong addition to any investment portfolio. The property sits on two lots and offers a large yard with a deck, providing plenty of space for outdoor living, expansion, or future possibilities. With a little updating, this home has the potential to be transformed into a beautiful personal retreat or full-time residence. Whether you're looking for steady income or a project with upside, this one checks all the boxes in a location everyone wants.

Key facts

• Two lots
• Large yard
• Nearby parks

Tags

• STORAGE AREAS
• NEARBY PARKS
• LARGE YARD
• DECK
• TWO LOTS

🏷️ Possibly a rental listed for sale. The $126,000 price doesn't fit this home's estimated sale value (~$180,042) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $126k.

Deal economics

• At list price, monthly cash flow is $734 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $126k).
• Recommended offer: $115k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.9% vs local median 4.9% 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: 250 active listings in the ZIP; 4 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $871 of loan paydown is wiped out by about $4k 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 $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y 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

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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 $114,660 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.63% ✓
• Cap rate: 13.91%
• Cash-on-cash: 27.22%
• DSCR: 2.21
• GRM: 5.1

CMA / ARV

• ARV (median comp): $180,042
• List price: $126,000
• Delta: -30.02%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9726 Limu Pl	0.40mi	2/1.0	988 (-1%)	9mo	$134,900	$137	68
85068 Pohaku Dr	0.39mi	3/1.5 (+1)	1,030 (+3%)	9mo	$216,990	$211	62
85070 Pohaku Dr	0.39mi	3/1.5 (+1)	1,030 (+3%)	10mo	$215,990	$210	62
10734 Lilinoe Way	0.45mi	2/1.0	988 (-1%)	18mo	$129,000	$131	58
10773 Linohau Way	0.48mi	2/1.5	1,092 (+9%)	8mo	$187,000	$171	54
10740 Lilinoe Way	0.48mi	3/1.0 (+1)	1,092 (+9%)	1mo	$179,000	$164	52
9810 Ana Hulu St	0.61mi	3/2.0 (+1)	1,089 (+9%)	6mo	$167,000	$153	47
98199 Kapalama Dr	0.58mi	2/2.0	1,134 (+13%)	6mo	$189,900	$167	45
9724 Pokai St	0.28mi	2/1.5	1,131 (+13%)	23mo	$119,886	$106	44

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: 18.4%
• Equity multiple: 1.75×
• Total profit: $26,365
• Equity at exit: $18,787

10-year hold

• IRR: 26.8%
• Equity multiple: 3.36×
• Total profit: $83,321
• Equity at exit: $10,894

Cash invested: $35,280 (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: 250
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,059 medium
• Mortgage (P&I): −$661
• Tax from tax record: −$113 /mo · $1,355/yr
• Insurance: −$52
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $734

Break-even live

Break-even rent $1,130

Max offer price $126,000

Occupancy floor 59%

Sensitivity live

Price	-10% $805	-5% $769	+0% $734	+5% $698	+10% $662
Rent	-10% $571	-5% $653	+0% $734	+5% $815	+10% $896
Rate	-1.0pp $797	-0.5pp $766	base $734	+0.5pp $701	+1.0pp $668

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: $31,500
• Closing costs: $3,780
• Reserves months: —
• Total cash needed: —

Rent comps 4 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	22d	1	0.29mi
250 Highpoint Dr Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	45d	1	0.29mi
289 Highpoint Dr Diamondhead, MS	2.0	2.5	1340	$1,700	$1.27	14d	1	0.37mi
208 Molokai Vlg Diamondhead, MS	2.0	2.0	951	$1,250	$1.31	22d	1	1.31mi

Listing history 22 events

1. 2026-06-21
   days on market $126,000 Active 106 DOM
2. 2026-06-18
   days on market $126,000 Active 103 DOM
3. 2026-06-17
   days on market $126,000 Active 102 DOM
4. 2026-06-16
   status $126,000 Active 101 DOM
5. 2026-06-03
   statusdays on market $126,000 Pending 101 DOM
6. 2026-06-02
   days on market $126,000 Active 100 DOM
7. 2026-06-01
   days on market $126,000 Active 99 DOM
8. 2026-05-31
   days on market $126,000 Active 98 DOM
9. 2026-05-30
   days on market $126,000 Active 97 DOM
10. 2026-04-09
    status Active 676-char remark

    Show marketing remark (676 chars)

    Excellent opportunity to own a 1 bedroom, 2 bath property in a highly desired community featuring golf, pools, storage areas, and nearby parks. This home is currently generating $1,200 per month in rental income, making it a strong addition to any investment portfolio. The property sits on two lots and offers a large yard with a deck, providing plenty of space for outdoor living, expansion, or future possibilities. With a little updating, this home has the potential to be transformed into a beautiful personal retreat or full-time residence. Whether you're looking for steady income or a project with upside, this one checks all the boxes in a location everyone wants.

11. 2026-04-01
    status Pending 676-char remark

    Show marketing remark (676 chars)

    Excellent opportunity to own a 1 bedroom, 2 bath property in a highly desired community featuring golf, pools, storage areas, and nearby parks. This home is currently generating $1,200 per month in rental income, making it a strong addition to any investment portfolio. The property sits on two lots and offers a large yard with a deck, providing plenty of space for outdoor living, expansion, or future possibilities. With a little updating, this home has the potential to be transformed into a beautiful personal retreat or full-time residence. Whether you're looking for steady income or a project with upside, this one checks all the boxes in a location everyone wants.

12. 2026-02-10
    listed $126,000 Active 676-char remark

    Show marketing remark (676 chars)

    Excellent opportunity to own a 1 bedroom, 2 bath property in a highly desired community featuring golf, pools, storage areas, and nearby parks. This home is currently generating $1,200 per month in rental income, making it a strong addition to any investment portfolio. The property sits on two lots and offers a large yard with a deck, providing plenty of space for outdoor living, expansion, or future possibilities. With a little updating, this home has the potential to be transformed into a beautiful personal retreat or full-time residence. Whether you're looking for steady income or a project with upside, this one checks all the boxes in a location everyone wants.

13. 2023-10-26
    historical $1,200
14. 2023-10-22
    listed $1,200
15. 2023-07-27
    soldstatus
16. 2023-07-24
    soldstatus Closed 411-char remark

    Show marketing remark (411 chars)

    PRICE IS FIRM. BEING SOLD ''AS IS''. RENTERS HAVE MOVED OUT. HOUSE IS VACANT. CUTE 1 BEDROOM, 2 BFULL BATH HOUSE ON 2 CONSOLIDATED LOTS. NEW HIGH QUALITY VINYL FLOORING THROUGHOUT. HVAC IS 5-6 YEARS OLD. ATTACHED LAUNDRY AND STORAGE AREA. SMALL GARAGE FOR LAWN EQUIPMENT. DECK THATS 10 FT DEEP & 25 FT LONG ON BACK OF HOME. LARGE KITCHEN WITH GAS STOVE! PIPES HAVE NEW WRAPPED INSULATION. FENCED BACK YARD.

17. 2023-06-09
    status Pending 411-char remark

    Show marketing remark (411 chars)

    PRICE IS FIRM. BEING SOLD ''AS IS''. RENTERS HAVE MOVED OUT. HOUSE IS VACANT. CUTE 1 BEDROOM, 2 BFULL BATH HOUSE ON 2 CONSOLIDATED LOTS. NEW HIGH QUALITY VINYL FLOORING THROUGHOUT. HVAC IS 5-6 YEARS OLD. ATTACHED LAUNDRY AND STORAGE AREA. SMALL GARAGE FOR LAWN EQUIPMENT. DECK THATS 10 FT DEEP & 25 FT LONG ON BACK OF HOME. LARGE KITCHEN WITH GAS STOVE! PIPES HAVE NEW WRAPPED INSULATION. FENCED BACK YARD.

18. 2023-05-05
    price $110,000 411-char remark

    Show marketing remark (411 chars)

    PRICE IS FIRM. BEING SOLD ''AS IS''. RENTERS HAVE MOVED OUT. HOUSE IS VACANT. CUTE 1 BEDROOM, 2 BFULL BATH HOUSE ON 2 CONSOLIDATED LOTS. NEW HIGH QUALITY VINYL FLOORING THROUGHOUT. HVAC IS 5-6 YEARS OLD. ATTACHED LAUNDRY AND STORAGE AREA. SMALL GARAGE FOR LAWN EQUIPMENT. DECK THATS 10 FT DEEP & 25 FT LONG ON BACK OF HOME. LARGE KITCHEN WITH GAS STOVE! PIPES HAVE NEW WRAPPED INSULATION. FENCED BACK YARD.

19. 2023-02-09
    listed $125,000 Active 411-char remark

    Show marketing remark (411 chars)

    PRICE IS FIRM. BEING SOLD ''AS IS''. RENTERS HAVE MOVED OUT. HOUSE IS VACANT. CUTE 1 BEDROOM, 2 BFULL BATH HOUSE ON 2 CONSOLIDATED LOTS. NEW HIGH QUALITY VINYL FLOORING THROUGHOUT. HVAC IS 5-6 YEARS OLD. ATTACHED LAUNDRY AND STORAGE AREA. SMALL GARAGE FOR LAWN EQUIPMENT. DECK THATS 10 FT DEEP & 25 FT LONG ON BACK OF HOME. LARGE KITCHEN WITH GAS STOVE! PIPES HAVE NEW WRAPPED INSULATION. FENCED BACK YARD.

20. 2021-09-22
    historical
21. 2016-03-21
    listed $80,000
22. 2004-02-18
    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: $1,355 · $113/mo
• Projected year-2 tax: $1,355 · $113/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 8/10 Severe FEMA zone X (unshaded) · 99% 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: $24,706
• − Mortgage interest: −$7,058
• − Property taxes: −$1,355
• − Insurance: −$1,428
• − Repairs & maintenance: −$1,976
• − Management: −$1,976
• − Depreciation: −$3,665
• Taxable income: $7,247
• Est. tax owed @ 24.0%: −$1,739
• After-tax cash flow: $7,067/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

+57.5% since first listed

13 events — show timeline

• 2026-04-09 Relisted — MLSU
• 2026-04-01 Pending — MLSU
• 2026-02-10 Listed $126,000 MLSU
• 2023-10-26 Rental Removed $1,200 LISTANZA
• 2023-10-22 Listed for Rent $1,200 LISTANZA
• 2023-07-27 Sold (Public Records) — Public Records
• 2023-07-24 Sold (MLS) — MLSU
• 2023-06-09 Pending — MLSU
• 2023-05-05 Price Changed $110,000 MLSU
• 2023-02-09 Listed $125,000 MLSU
• 2021-09-22 Listing Removed — MLSU
• 2016-03-21 Listed $80,000 MLSU
• 2004-02-18 Sold (Public Records) — Public Records

Property tax history

+3.0%/yr

Latest (2025): $1,355 · +0.0% YoY. Source: county tax records.