Given that Maxwell's equations (i.e. the wave equation when dealing with propagation through vacuum) are correct quantum mechanical field equations for light, it seems ill-founded to presume a particle-like object and derive wave-like behavior from this. But the word "photon" can lead to lots of misunderstanding, so I won't assume that this is actually what you meant. A photon seems to most closely correspond to an excitation in the electromagnetic field. It may have a certain energy, in the case of a monochromatic field, or an approximately certain location, in the case of localized pulses of light (wavepackets, not really particles), but not both.