14106 Lavelle Dr · Gulfport, MS 39503

$70,000

2 bd · 1.5 ba · 1,231 sqft · SingleFamily public records · 122 Days on market

Built 1962 0.41 ac lot $57/sqft · 52% below area ↓ 23% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +4.2/5.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

Key facts

• 0.41 acre lot
• Listed 122 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $588 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.4% vs local median 4.9% in Gulfport — 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 73/100 on livability (#15 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, amenities F, commute F.
• 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 fast (+7.0%/yr); 763 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $484 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 7.0% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 122 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $148k (68%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $61,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.96% ✓
• Cap rate: 16.38%
• Cash-on-cash: 36.01%
• DSCR: 2.60
• GRM: 4.3

CMA / ARV

• ARV (median comp): $202,295
• List price: $70,000
• Delta: -65.40%
• 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
322 Tandy Dr	0.18mi	3/1.0 (+1)	1,253 (+2%)	7mo	$89,000	$71	76
12010 Harmony Cir	0.27mi	3/2.0 (+1)	1,350 (+10%)	1mo	$219,000	$162	63
12104 Three Rivers Rd	0.24mi	2/1.0	1,064 (-14%)	2mo	$39,000	$37	63
1010 Michelle Dr	0.55mi	3/2.0 (+1)	1,252 (+2%)	4mo	$159,900	$128	61
120 Imilda Dr	0.55mi	3/2.0 (+1)	1,200 (-2%)	3mo	$79,900	$67	61
305 Lavelle Dr	0.15mi	3/2.0 (+1)	1,050 (-15%)	3mo	$140,000	$133	59
12294 Windward Dr	0.51mi	3/2.0 (+1)	1,300 (+6%)	4mo	$170,000	$131	57
201 Mary Dr	0.21mi	3/1.5 (+1)	1,053 (-14%)	10mo	$170,000	$161	53
122 Clarence Dr	0.63mi	3/2.0 (+1)	1,200 (-2%)	10mo	$179,500	$150	52
12297 Windward Dr	0.49mi	2/2.0	1,096 (-11%)	8mo	$159,900	$146	50
118 Clarence Dr	0.64mi	3/2.0 (+1)	1,300 (+6%)	6mo	$104,900	$81	48
14432 Mays Rd	0.72mi	3/2.0 (+1)	1,371 (+11%)	6mo	$90,000	$66	35

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 · 6.99% rent growth · sell at horizon

5-year hold

• IRR: 36.2%
• Equity multiple: 2.63×
• Total profit: $31,870
• Equity at exit: $10,437

10-year hold

• IRR: 45.0%
• Equity multiple: 6.18×
• Total profit: $101,617
• Equity at exit: $6,052

Cash invested: $19,600 (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 39503

• Home prices YoY: -21.5%
• Rents YoY: 7.0%
• Active inventory: 763
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,372 high
• Mortgage (P&I): −$367
• Tax from tax record: −$99 /mo · $1,190/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $588

Break-even live

Break-even rent $627

Max offer price $70,000

Occupancy floor 52%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12040 Highland Ave Gulfport, MS	3.0	2.0	1019	$950	$0.93	13d	1	0.40mi
12147 Prudie Cir Gulfport, MS	3.0	2.0	1100	$975	$0.89	43d	1	0.48mi
125 Clarence Dr Gulfport, MS	3.0	2.0	1300	$1,500	$1.15	13d	1	0.62mi
12450 Three Rivers Rd Gulfport, MS	3.0	2.0	1098	$1,295	$1.18	43d	1	0.65mi
14180 Oneal Rd Gulfport, MS	2.0	1.0	1000	$1,100	$1.10	43d	2	0.78mi
11200 Three Rivers Rd Gulfport, MS	2.0	2.0	1042	$1,147	$1.10	43d	1	1.01mi
11200 Three Rivers Rd Gulfport, MS	3.0	2.0	1124	$1,445	$1.29	13d	1	1.01mi
13070 Tracewood Dr Gulfport, MS	3.0	2.0	1190	$1,400	$1.18	21d	1	1.05mi
101 Fore St Gulfport, MS	3.0	2.0	1215	$1,700	$1.40	13d	1	1.07mi
11502 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	21d	1	1.30mi
15235 Oneal Rd Gulfport, MS	1.0	1.0	873	$1,050	$1.20	21d	1	1.33mi
15235 Oneal Rd Gulfport, MS	2.0	2.0	1101	$1,200	$1.09	13d	1	1.33mi
15235 Oneal Rd Gulfport, MS	1.0	1.0	873	$1,050	$1.20	43d	1	1.33mi
15251 Parkwood Dr N Gulfport, MS	3.0	2.5	1200	$1,200	$1.00	43d	1	1.35mi
11405 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.37mi
11487 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.37mi
11425 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	21d	1	1.37mi
11413 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.37mi
13242 Warren Dr Gulfport, MS	2.0	2.0	1012	$1,100	$1.09	43d	1	1.38mi
10669 E Bay Tree Dr Gulfport, MS	3.0	2.0	1200	$1,425	$1.19	21d	1	1.45mi
13181 Warren Dr Gulfport, MS	3.0	2.0	1188	$1,375	$1.16	43d	1	1.46mi
11213 Dobson Rd Gulfport, MS	2.0	1.0	900	$1,200	$1.33	43d	1	1.47mi

Listing history 30 events

1. 2026-06-18
   days on market $70,000 Active 122 DOM
2. 2026-06-17
   days on market $70,000 Active 121 DOM
3. 2026-06-16
   days on market $70,000 Active 120 DOM
4. 2026-06-15
   days on market $70,000 Active 119 DOM
5. 2026-06-14
   days on market $70,000 Active 117 DOM
6. 2026-06-13
   days on market $70,000 Active 116 DOM
7. 2026-06-10
   days on market $70,000 Active 114 DOM
8. 2026-06-09
   days on market $70,000 Active 113 DOM
9. 2026-06-08
   days on market $70,000 Active 112 DOM
10. 2026-06-07
    pricedays on market $70,000 Active 111 DOM
11. 2026-06-02
    days on market $92,840 Active 165 DOM
12. 2026-06-01
    days on market $92,840 Active 164 DOM
13. 2026-05-31
    days on market $92,840 Active 163 DOM
14. 2026-05-30
    days on market $92,840 Active 162 DOM
15. 2026-05-05
    price $92,840 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

16. 2026-04-07
    status Active 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

17. 2026-03-26
    status Pending 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

18. 2026-03-21
    price $119,000 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

19. 2026-02-19
    price $148,500 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

20. 2026-01-20
    price $185,500 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

21. 2026-01-18
    price $185,000 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

22. 2025-12-05
    listed $218,000 Active 571-char remark

    Show marketing remark (571 chars)

    Discover the potential in this charming older home, set on a spacious lot in a rapidly growing area of Gulfport. With a little vision and TLC, you can truly bring this property back to life and make it shine again! Property is owned by the U.S. Dept. of HUD. HUD Case 281-384392. Seller makes no warranties or representations regarding property condition. HUD homes are sold as-is. Buyer is responsible for connecting utilities at their expense. Managed by Olympusams. To submit offers, visit HUDHomeStore. Built prior to 1978—lead-based paint may be present.

23. 2010-01-04
    soldstatus
24. 2009-12-22
    soldstatus 315-char remark

    Show marketing remark (315 chars)

    Older home that needs some TLC. Being sold AS-IS. All cash offers are eligible for an expedited closing, pending clear title and/or hazard claim resolution, of approximately 15 business days. Offers must have proof of funds, Wells Fargo Pre Approval letter, and copy of earnest money deposit. Special clauses apply.

25. 2009-12-22
    soldstatus

    Show marketing remark (315 chars)

    Older home that needs some TLC. Being sold AS-IS. All cash offers are eligible for an expedited closing, pending clear title and/or hazard claim resolution, of approximately 15 business days. Offers must have proof of funds, Wells Fargo Pre Approval letter, and copy of earnest money deposit. Special clauses apply.

26. 2009-08-26
    listed $45,000 315-char remark

    Show marketing remark (315 chars)

    Older home that needs some TLC. Being sold AS-IS. All cash offers are eligible for an expedited closing, pending clear title and/or hazard claim resolution, of approximately 15 business days. Offers must have proof of funds, Wells Fargo Pre Approval letter, and copy of earnest money deposit. Special clauses apply.

27. 2009-08-25
    listed $45,000
28. 2007-06-05
    soldstatus
29. 2007-05-31
    soldstatus
30. 2007-01-19
    listed $119,900

ⓘ 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: $1,190 · $99/mo
• Projected year-2 tax: $1,190 · $99/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 4/10 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: $16,459
• − Mortgage interest: −$3,921
• − Property taxes: −$1,190
• − Insurance: −$350
• − Repairs & maintenance: −$1,317
• − Management: −$1,317
• − Depreciation: −$2,036
• Taxable income: $6,328
• Est. tax owed @ 24.0%: −$1,519
• After-tax cash flow: $5,539/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 — Gulfport

• Score: 73/100
• State rank: #15
• US rank: #5010

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gulfport, MS
• County: Harrison County · 178,171 people
• City population: 96,188
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 55,059
• Household income: $62,641
• Rent vs Own: 29.3% rent · 70.7% own
• Severe rent burden: 1686.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 58% Black 27% Two or more races 9% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 5% Slovak 1% Portuguese 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3%

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: ▼ -51.39%
• Current HPI: 187.285
• Rent YoY: ▲ 6.99%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-22.6% since first listed

16 events — show timeline

• 2026-05-05 Price Changed $92,840 MLSU
• 2026-04-07 Relisted — MLSU
• 2026-03-26 Pending — MLSU
• 2026-03-21 Price Changed $119,000 MLSU
• 2026-02-19 Price Changed $148,500 MLSU
• 2026-01-20 Price Changed $185,500 MLSU
• 2026-01-18 Price Changed $185,000 MLSU
• 2025-12-05 Listed $218,000 MLSU
• 2010-01-04 Sold (Public Records) — Public Records
• 2009-12-22 Sold (MLS) — MLSU
• 2009-12-22 Sold (MLS) — MLSU
• 2009-08-26 Listed $45,000 MLSU
• 2009-08-25 Listed $45,000 MLSU
• 2007-06-05 Sold (Public Records) — Public Records
• 2007-05-31 Sold (MLS) — MLSU
• 2007-01-19 Listed $119,900 MLSU

Property tax history

+2.8%/yr

Latest (2025): $1,190 · +4.2% YoY. Source: county tax records.