15610 Ridge Ct · D'Iberville, MS 39532

$275,000

3 bd · 1.0 ba · 1,634 sqft · SingleFamily public records · 260 Days on market

Built 2020 10,454 sqft lot $168/sqft · 13% below area Est $324k · 15% under $17/mo HOA · 1% of rent

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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 +14.3/15.0
• Cash flow +8.0/30.0
• Schools +4.2/10.0
• Rent growth +3.2/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

Key facts

• Functional kitchen
• Steam sauna
• Cul-de-sac

Tags

• CUL-DE-SAC
• HIGHLANDS SUBDIVISION
• FUNCTIONAL KITCHEN
• STEAM SAUNA
• FULLY FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-277 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $226k (17.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (29.4% below list).
• Recommended offer: $194k (29.4% 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: Rents rising (+3.0%/yr); 392 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($69k/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 $8k 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 260 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y ago; this cycle's ask is 11857% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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 $194,134 (29.4% 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 260 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
7. 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.
8. 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.
9. 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: 0.71% ✗
• Cap rate: 5.08%
• Cash-on-cash: -4.32%
• DSCR: 0.81
• GRM: 11.8

CMA / ARV

• ARV (median comp): $324,168
• List price: $275,000
• Delta: -15.17%
• 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
5495 Overland Dr	0.20mi	3/2.0	1,706 (+4%)	1mo	$279,500	$164	78
5450 Leeds Ln	0.17mi	3/2.0	1,706 (+4%)	4mo	$280,000	$164	77
17817 Kelso Dr	0.31mi	3/2.0	1,676 (+3%)	11mo	$287,900	$172	68
17905 Kelso Dr	0.32mi	3/2.0	1,676 (+3%)	11mo	$289,900	$173	68
5331 Overland Dr	0.14mi	4/2.0 (+1)	1,835 (+12%)	1mo	$299,999	$163	63
5625 Overland Dr	0.27mi	4/2.0 (+1)	1,806 (+10%)	1mo	$299,000	$166	60
5350 Leeds Ln	0.04mi	4/2.0 (+1)	1,864 (+14%)	9mo	$299,900	$161	58
5437 Overland Dr	0.11mi	4/2.0 (+1)	1,835 (+12%)	10mo	$300,000	$163	57
5730 Overland Dr	0.12mi	4/2.0 (+1)	1,835 (+12%)	11mo	$278,000	$151	56
5781 Overland Dr	0.14mi	4/2.0 (+1)	1,835 (+12%)	11mo	$310,990	$169	55
15559 Ollie Ln	0.29mi	4/2.0 (+1)	1,835 (+12%)	11mo	$320,000	$174	48
5297 Tuxachanie Dr	0.60mi	2/2.0 (-1)	1,530 (-6%)	10mo	$445,000	$291	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 · 2.98% rent growth · sell at horizon

5-year hold

• IRR: -23.6%
• Equity multiple: 0.19×
• Total profit: $-62,275
• Equity at exit: $41,003

10-year hold

• IRR: -18.6%
• Equity multiple: -0.00×
• Total profit: $-77,217
• Equity at exit: $23,777

Cash invested: $77,000 (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 39532

• Rents YoY: 3.0%
• Active inventory: 392
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $1,941 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$237 /mo · $2,844/yr
• Insurance: −$115
• HOA: −$17
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $-277

Break-even live

Break-even rent $2,292

Max offer price $226,051

Occupancy floor —

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5723 Overland Dr Biloxi, MS	3.0	2.0	1736	$2,249	$1.30	21d	1	0.17mi
17813 Kelso Dr D'Iberville, MS	4.0	2.0	1835	$2,300	$1.25	43d	1	0.33mi
15200 Windmill Ridge Pkwy Diberville, MS	4.0	2.0	2091	$2,600	$1.24	43d	1	0.74mi
17281 Avondale Cir D'Iberville, MS	3.0	2.0	1200	$1,400	$1.17	13d	1	0.95mi
17310 Avondale Cir Diberville, MS	3.0	2.0	1200	$1,200	$1.00	21d	1	0.99mi
17212 Avondale Cir Diberville, MS	3.0	2.0	1200	$1,200	$1.00	13d	1	1.02mi
5467 Quail Creek Cir Diberville, MS	3.0	2.0	1071	$1,400	$1.31	21d	1	1.24mi
15075 Janus Rd Diberville, MS	3.0	2.0	1200	$1,200	$1.00	13d	1	1.26mi
17038 Date Palm Dr Diberville, MS	3.0	2.0	1445	$2,100	$1.45	43d	1	1.44mi

HOA detail

• Monthly dues: $17 · $204/yr

Listing history 16 events

1. 2026-05-17
   status Pending 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

2. 2026-05-10
   listed $2,300
3. 2026-03-19
   price $275,000 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

4. 2025-12-01
   historical $2,250

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

5. 2025-12-01
   price $280,000 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

6. 2025-10-21
   listed $2,250
7. 2025-10-20
   status Active 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

8. 2025-10-20
   historical 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

9. 2025-10-12
   price $283,500 689-char remark

   Show marketing remark (689 chars)

   Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

10. 2025-08-30
    listed $285,000 Active 689-char remark

    Show marketing remark (689 chars)

    Welcome to this charming 3-bedroom, 2-bathroom all brick home nestled in a cul-de-sac in the desirable Highlands subdivision. This well-maintained property features a spacious floor plan with a bright living area, functional kitchen offering an open floor plan. Enjoy added value with a refrigerator, washer and dryer included, along with a steam sauna located in the garage for ultimate relaxation. This home also offers a two-car garage, a fully fenced backyard ideal for pets or outdoor entertaining, and low-maintenance 100% brick construction. This move-in ready home combines comfort and convenience in a sought-after location - don't miss the opportunity to make it yours!

11. 2023-05-04
    soldstatus
12. 2023-04-28
    soldstatus Closed 830-char remark

    Show marketing remark (830 chars)

    Location, Location, Location! This home is tucked away in a cul de sac and less than 10 mins to shopping/restaurants and I-10 plus 5 mins to new Creekbend Elementary/Middle School. As you walk in you have a nice dining area that flows into the kitchen. The kitchen features granite countertops, stainless steel appliances, and a pantry then opens up to the living room which has lots of windows with natural light. There is a nice sized owner suite in the back corner of the home which has a private bath with double vanities, granite countertops, separate shower and soaker tub plus a walk in closet. Enjoy coffee from your covered patio looking into your LARGE fenced backyard(Lot approx 1/4 acre). Call today to see this home! Please see the attached link for 3D tour: https://imoto.seehouseat.com/2101104?idx=1&pws=1

13. 2023-03-30
    status Pending 830-char remark

    Show marketing remark (830 chars)

    Location, Location, Location! This home is tucked away in a cul de sac and less than 10 mins to shopping/restaurants and I-10 plus 5 mins to new Creekbend Elementary/Middle School. As you walk in you have a nice dining area that flows into the kitchen. The kitchen features granite countertops, stainless steel appliances, and a pantry then opens up to the living room which has lots of windows with natural light. There is a nice sized owner suite in the back corner of the home which has a private bath with double vanities, granite countertops, separate shower and soaker tub plus a walk in closet. Enjoy coffee from your covered patio looking into your LARGE fenced backyard(Lot approx 1/4 acre). Call today to see this home! Please see the attached link for 3D tour: https://imoto.seehouseat.com/2101104?idx=1&pws=1

14. 2023-03-17
    listed $264,900 Active 830-char remark

    Show marketing remark (830 chars)

    Location, Location, Location! This home is tucked away in a cul de sac and less than 10 mins to shopping/restaurants and I-10 plus 5 mins to new Creekbend Elementary/Middle School. As you walk in you have a nice dining area that flows into the kitchen. The kitchen features granite countertops, stainless steel appliances, and a pantry then opens up to the living room which has lots of windows with natural light. There is a nice sized owner suite in the back corner of the home which has a private bath with double vanities, granite countertops, separate shower and soaker tub plus a walk in closet. Enjoy coffee from your covered patio looking into your LARGE fenced backyard(Lot approx 1/4 acre). Call today to see this home! Please see the attached link for 3D tour: https://imoto.seehouseat.com/2101104?idx=1&pws=1

15. 2020-04-24
    soldstatus
16. 2020-01-20
    listed $199,900

ⓘ 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: $2,844 · $237/mo
• Projected year-2 tax: $2,844 · $237/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 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: $23,296
• − Mortgage interest: −$15,404
• − Property taxes: −$2,844
• − Insurance: −$1,375
• − Repairs & maintenance: −$1,864
• − Management: −$1,864
• − HOA: −$204
• − Depreciation: −$8,000
• Taxable loss: −$8,259
• Est. tax savings @ 24.0%: +$1,982
• After-tax cash flow: $-1,343/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

• County: Harrison County · 178,171 people
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 36,662
• Household income: $68,710
• Rent vs Own: 36.7% rent · 63.3% own
• Severe rent burden: 954.0

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: Predominantly White (69%)
• Race & ethnicity: White 69% Black 15% Two or more races 9% Hispanic / Latino 6% Asian 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 5% Italian 2% Serbian 2%
• Foreign-born: 4% · Vietnam, Canada
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% Other Indo-European 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: ▼ -90.04%
• Current HPI: 154.9975
• Rent YoY: ▲ 2.98%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-98.8% since first listed

16 events — show timeline

• 2026-05-17 Pending — MLSU
• 2026-05-10 Listed for Rent $2,300 RENTLY
• 2026-03-19 Price Changed $275,000 MLSU
• 2025-12-01 Rental Removed $2,250 MLSU
• 2025-12-01 Price Changed $280,000 MLSU
• 2025-10-21 Listed for Rent $2,250 MLSU
• 2025-10-20 Relisted — MLSU
• 2025-10-20 Listing Removed — MLSU
• 2025-10-12 Price Changed $283,500 MLSU
• 2025-08-30 Listed $285,000 MLSU
• 2023-05-04 Sold (Public Records) — Public Records
• 2023-04-28 Sold (MLS) — MLSU
• 2023-03-30 Pending — MLSU
• 2023-03-17 Listed $264,900 MLSU
• 2020-04-24 Sold (MLS) — MLSU
• 2020-01-20 Listed $199,900 MLSU

Property tax history

+72.3%/yr

Latest (2025): $2,844 · +16.5% YoY. Source: county tax records.