105 N Ida Ln · Long Beach, MS 39560

$139,900

3 bd · 2.0 ba · 960 sqft · SingleFamily public records · 61 Days on market

Built 1967 9,583 sqft lot Est $124k · 13% over

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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 +22.9/30.0
• DSCR +7.3/10.0
• 1% rule +5.3/10.0
• Schools +4.4/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +1.7/15.0
• Appreciation +0.0/10.0

Listing remarks

Make your appointment today to see this Home. New roof, New A/C, New tankless water heater. Remodeled Kitchen, Tile floors through out. Fenced yead. No flood Insurance need. North of the tracks. Near entertainment, the beaches, fishing, boating. Tax benefit for. Sold Is '' As Is'' One hour notice to show.

Key facts

• Tile floors
• Fenced yard
• Remodeled kitchen

Tags

• NEW ROOF
• NEW A/C
• NEW TANKLESS WATER HEATER
• REMODELED KITCHEN
• TILE FLOORS
• FENCED YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $245 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.6% in Long Beach — 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 69/100 on livability (#52 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Long Beach School District (suburban): math 52% / reading 50% proficiency, ranked #9 of 130 in MS (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.9%/yr); 311 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k 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 61 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.03% ✓
• Cap rate: 8.39%
• Cash-on-cash: 7.50%
• DSCR: 1.33
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $123,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
105 N Ida Ln	0.00mi	3/2.0	1,081 (+13%)	1mo	$139,900	$129	78
325 Lawler Ave	0.28mi	3/2.0	1,026 (+7%)	0mo	$124,900	$122	75
118 Lassere Cir	0.29mi	3/1.5	1,050 (+9%)	0mo	$150,000	$143	69
113 8th St	0.22mi	2/1.0 (-1)	936 (-2%)	16mo	$89,000	$95	63
312 Charles Ave	0.31mi	3/1.5	1,000 (+4%)	24mo	$149,000	$149	57
124 S Ocean Wave Ave	0.52mi	2/1.0 (-1)	960 (0%)	12mo	$205,000	$214	56
104 Lassere Cir	0.27mi	3/1.5	1,064 (+11%)	15mo	$120,000	$113	55
108 Shannon Dr	0.36mi	3/1.0	994 (+4%)	23mo	$188,000	$189	54
229 Harris Avenue Ave	0.42mi	2/1.0 (-1)	914 (-5%)	18mo	$99,000	$108	48
1608 Lewis Ave	0.62mi	3/2.0	1,100 (+15%)	0mo	$115,000	$105	47
105 Shannon Ct	0.34mi	2/1.0 (-1)	1,036 (+8%)	23mo	$234,000	$226	42
1417 Lewis Ave	0.55mi	3/1.5	1,075 (+12%)	19mo	$137,500	$128	36

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 · 1.93% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.78×
• Total profit: $-8,638
• Equity at exit: $20,860

10-year hold

• IRR: 2.4%
• Equity multiple: 1.16×
• Total profit: $6,293
• Equity at exit: $12,096

Cash invested: $39,172 (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 39560

• Home prices YoY: -25.7%
• Rents YoY: 1.9%
• Active inventory: 311
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,441 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$102 /mo · $1,222/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $245

Break-even live

Break-even rent $1,131

Max offer price $139,900

Occupancy floor 78%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
212 Lawler Ave Long Beach, MS	2.0	1.0	822	$1,250	$1.52	14d	1	0.18mi
1206 Beach Ave Gulfport, MS	3.0	2.0	1076	$1,500	$1.39	14d	1	0.81mi
4409 Ford St Gulfport, MS	2.0	1.0	1000	$1,500	$1.50	44d	1	1.29mi

Listing history 14 events

1. 2026-04-26
   status Pending
2. 2026-02-24
   listed $139,900 Active
3. 2026-01-06
   status Active
4. 2025-12-26
   status Pending
5. 2025-12-26
   historical
6. 2025-10-24
   listed $134,500 Active
7. 2021-09-15
   historical
8. 2021-08-23
   soldstatus
9. 2021-08-18
   soldstatus
10. 2021-07-20
    listed $96,000
11. 2019-11-05
    soldstatus
12. 2013-09-20
    soldstatus
13. 2012-06-06
    listed $59,000
14. 2012-05-14
    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: $1,222 · $102/mo
• Projected year-2 tax: $1,222 · $102/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 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: $17,294
• − Mortgage interest: −$7,837
• − Property taxes: −$1,222
• − Insurance: −$700
• − Repairs & maintenance: −$1,384
• − Management: −$1,384
• − Depreciation: −$4,070
• Taxable income: $699
• Est. tax owed @ 24.0%: −$168
• After-tax cash flow: $2,769/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: Long Beach School District
• NCES district ID: 2802670
• Math proficiency: 52% ▼ -8.00%
• Reading proficiency: 50% ▼ -7.00%
• Median HH income: $50,548
• Composite: 43.68/100
• National rank: #2955
• State rank: #9 of 130 in MS

Livability — Long Beach

• Score: 69/100
• State rank: #52
• US rank: #8554

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C+ Housing A+ Health & safety F User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Long Beach, MS
• County: Harrison County · 178,171 people
• City population: 18,702
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 18,702
• Household income: $69,769
• Rent vs Own: 33.7% rent · 66.3% own
• Severe rent burden: 658.0

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 (80%)
• Race & ethnicity: White 80% Black 10% Two or more races 7% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 6% Slovak 2% Serbian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 2% Tagalog/Filipino 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: ▼ -67.49%
• Current HPI: 195.0807
• Rent YoY: ▲ 1.93%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+137.1% since first listed

14 events — show timeline

• 2026-04-26 Pending — MLSU
• 2026-02-24 Listed $139,900 MLSU
• 2026-01-06 Relisted — MLSU
• 2025-12-26 Pending — MLSU
• 2025-12-26 Listing Removed — MLSU
• 2025-10-24 Listed $134,500 MLSU
• 2021-09-15 Listing Removed — MLSU
• 2021-08-23 Sold (Public Records) — Public Records
• 2021-08-18 Sold (MLS) — MLSU
• 2021-07-20 Listed $96,000 MLSU
• 2019-11-05 Sold (Public Records) — Public Records
• 2013-09-20 Sold (Public Records) — Public Records
• 2012-06-06 Listed $59,000 MLSU
• 2012-05-14 Sold (Public Records) — Public Records

Property tax history

+1.8%/yr

Latest (2021): $1,222 · +9.1% YoY. Source: county tax records.