5715 Anoai Way · Diamondhead, MS 39525

$214,900

3 bd · 2.0 ba · 1,742 sqft · SingleFamily public records · 56 Days on market

Built 1999 10,454 sqft lot $123/sqft · 23% below area Est $271k · 21% under

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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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 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

Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

Key facts

• Large living
• Spacious kitchen
• Back porch

Tags

• BACK PORCH
• OUTDOOR SPACE
• FUNCTIONAL FLOOR PLAN
• OPEN AND SPLIT FLOOR PLAN
• LARGE LIVING
• SPACIOUS KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/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 $208k (3.0% below list).
• Recommended offer: $208k (3.0% below list) — sets the bar for 1% rule.
• Cap rate 7.4% 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; 5 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 56 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 15y 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,404 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 0.97% ✗
• Cap rate: 7.43%
• Cash-on-cash: 4.06%
• DSCR: 1.18
• GRM: 8.6

CMA / ARV

• ARV (median comp): $271,411
• List price: $214,900
• Delta: -20.82%
• 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
5715 Anoai Way	0.00mi	3/2.0	1,690 (-3%)	0mo	$214,900	$127	95
57154 E Diamondhead Dr	0.06mi	3/2.0	1,625 (-7%)	4mo	$259,000	$159	83
682 Auahi Pl	0.34mi	3/2.0	1,865 (+7%)	0mo	$244,000	$131	72
5513 Ahoni St	0.54mi	3/2.0	1,751 (+0%)	8mo	$245,000	$140	67
552 Hanauma Ct	0.65mi	3/2.0	1,800 (+3%)	1mo	$249,000	$138	63
6670 Ahekolo Cir	0.34mi	3/3.0	1,925 (+10%)	1mo	$310,000	$161	62
67183 E Diamondhead Dr	0.31mi	3/2.0	1,503 (-14%)	2mo	$249,000	$166	61
6610 Hale Ct	0.52mi	3/2.0	1,930 (+11%)	3mo	$297,000	$154	56
6944 Apona St	0.72mi	3/2.0	1,654 (-5%)	10mo	$210,000	$127	50
7820 Loa Pl	0.73mi	3/2.0	1,858 (+7%)	6mo	$245,000	$132	49
78102 Hilo Way	0.67mi	3/2.0	1,995 (+14%)	7mo	$239,500	$120	39
6830 Apona St	0.63mi	4/2.0 (+1)	1,962 (+13%)	9mo	$219,000	$112	37

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: -9.9%
• Equity multiple: 0.64×
• Total profit: $-21,855
• Equity at exit: $32,042

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,318
• Equity at exit: $18,581

Cash invested: $60,172 (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: $2,084 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$226 /mo · $2,716/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $204

Break-even live

Break-even rent $1,826

Max offer price $214,900

Occupancy floor 85%

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
289 Highpoint Dr Diamondhead, MS	2.0	2.5	1340	$1,700	$1.27	13d	1	0.93mi
250 Highpoint Dr Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	43d	1	0.95mi
250 Highpoint Dr Unit 250 Diamondhead, MS	2.0	2.5	1367	$2,500	$1.83	21d	1	0.95mi
5402 Gex Dr Diamondhead, MS	2.0	1.0	1240	$1,500	$1.21	13d	1	1.08mi
63739 Diamondhead Dr N Diamondhead, MS	3.0	2.0	1580	$1,600	$1.01	21d	1	1.43mi

Listing history 20 events

1. 2026-05-19
   status Pending 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

2. 2026-03-30
   status Active 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

3. 2026-03-29
   status Pending 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

4. 2026-03-26
   status Active 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

5. 2026-03-20
   status Pending 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

6. 2026-03-18
   status Active 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

7. 2026-03-17
   historical 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

8. 2026-03-17
   listed $214,900 Active 837-char remark

   Show marketing remark (837 chars)

   Welcome to a move-in ready home tucked away on a quiet, low-traffic street in Diamondhead. This property delivers comfort, style, and everyday convenience with a layout that is inviting. The living spaces flow effortlessly, offering room to relax, entertain, and enjoy life without lifting a finger on day one. Step out back and you'll find one of the home's standout features: a spacious back porch perfect for morning coffee and evening unwinding. Whether you're grilling out or simply soaking in the quiet, this outdoor space becomes an extension of your living area. Inside, the home has a functional floor plan that fits many buyer's needs. Offering an open and split floor plan with a large living and spacious kitchen. If you're looking for a home that offers peace, privacy, and at an affordable price, this one checks every box.

9. 2026-03-03
   historical
10. 2025-12-10
    price $219,900
11. 2025-09-02
    price $230,000
12. 2025-08-18
    listed $240,000 Active
13. 2020-02-07
    soldstatus
14. 2019-10-21
    listed $149,000
15. 2014-10-30
    soldstatus
16. 2014-06-24
    listed $134,000
17. 2012-08-17
    soldstatus
18. 2011-12-30
    listed $89,900
19. 2005-03-16
    soldstatus
20. 2000-07-21
    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: $2,716 · $226/mo
• Projected year-2 tax: $2,716 · $226/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 4/10 Moderate FEMA zone X (shaded) · 13% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 22 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: $25,008
• − Mortgage interest: −$12,038
• − Property taxes: −$2,716
• − Insurance: −$1,074
• − Repairs & maintenance: −$2,001
• − Management: −$2,001
• − Depreciation: −$6,252
• Taxable loss: −$1,073
• Est. tax savings @ 24.0%: +$258
• After-tax cash flow: $2,700/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

+139.0% since first listed

20 events — show timeline

• 2026-05-19 Pending — MLSU
• 2026-03-30 Relisted — MLSU
• 2026-03-29 Pending — MLSU
• 2026-03-26 Relisted — MLSU
• 2026-03-20 Pending — MLSU
• 2026-03-18 Relisted — MLSU
• 2026-03-17 Listed $214,900 MLSU
• 2026-03-17 Listing Removed — MLSU
• 2026-03-03 Listing Removed — MLSU
• 2025-12-10 Price Changed $219,900 MLSU
• 2025-09-02 Price Changed $230,000 MLSU
• 2025-08-18 Listed $240,000 MLSU
• 2020-02-07 Sold (MLS) — MLSU
• 2019-10-21 Listed $149,000 MLSU
• 2014-10-30 Sold (MLS) — MLSU
• 2014-06-24 Listed $134,000 MLSU
• 2012-08-17 Sold (MLS) — MLSU
• 2011-12-30 Listed $89,900 MLSU
• 2005-03-16 Sold (Public Records) — Public Records
• 2000-07-21 Sold (Public Records) — Public Records

Property tax history

+6.4%/yr

Latest (2025): $2,716 · +0.0% YoY. Source: county tax records.