1807 34th Ave · Gulfport, MS 39501

$29,000

2 bd · 2.0 ba · 1,028 sqft · SingleFamily public records · 22 Days on market

Built 1938 3,049 sqft lot

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Livability +3.7/5.0
• Schools +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with tons of potential! This 2 bedroom, 2 bath home is ready for a full renovation and priced accordingly. Property will need extensive repairs and updates throughout, but offers a great opportunity for an experienced investor, flipper, or buyer looking for their next project. Convenient Gulfport location with strong upside potential once restored. Bring your vision and turn this fixer-upper into a profitable investment or rental property!

Key facts

• Gulfport location
• Extensive repairs
• Full renovation

Tags

• GULFPORT LOCATION
• FULL RENOVATION
• EXTENSIVE REPAIRS
• UPSIDE POTENTIAL
• FIXER-UPPER

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Utilities: See remarks
• Home design: Single-family house, one story; Entry level: One
• Construction: Wood siding; Pillar/post/pier foundation; Total building area about 1,028 (source: public records)
• Exterior features: Shingle roof; Lot approximately 0.07 acres

Interior

• Bathrooms: 2 bathrooms
• Heating & cooling: No central cooling listed
• Interior features: Fixer condition

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $29k.

Deal economics

• At list price, monthly cash flow is $783 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $29k).
• Recommended offer: $29k (1.5% below list) — sets the bar for market timing.
• Cap rate 38.7% 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.
• Gulfport School District (urban): math 41% / reading 42% proficiency, ranked #37 of 130 in MS (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+10.5%/yr); 252 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($35k/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 $200 of loan paydown is wiped out by about $870 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 + 8.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($29k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
• 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 $28,565 (1.5% below list)

Questions for the listing agent

1. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 4.30% ✓
• Cap rate: 38.69%
• Cash-on-cash: 115.71%
• DSCR: 6.15
• GRM: 1.9

CMA / ARV

• ARV (on-the-fly): $91,492
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3307 20th St	0.13mi	2/1.0	1,052 (+2%)	1mo	$35,000	$33	86
3511 Park Blvd	0.16mi	2/1.0	1,006 (-2%)	2mo	$75,000	$75	83
1220 33rd Ave	0.43mi	1/1.5 (-1)	1,000 (-3%)	0mo	$150,000	$150	68
3617 22nd St	0.30mi	3/1.0 (+1)	1,051 (+2%)	10mo	$74,900	$71	65
3604 Park Blvd	0.18mi	2/1.0	900 (-12%)	3mo	$74,000	$82	64
1426 33rd Ave	0.29mi	2/1.0	1,105 (+8%)	8mo	$225,000	$204	63
1816 43rd Ave	0.55mi	3/2.0 (+1)	996 (-3%)	2mo	$69,900	$70	63
1221 42nd Ave	0.67mi	3/1.0 (+1)	1,000 (-3%)	7mo	$89,000	$89	49
1238 37th Ave	0.43mi	3/1.0 (+1)	966 (-6%)	14mo	$135,000	$140	49
1521 42nd Ave	0.54mi	3/2.0 (+1)	1,100 (+7%)	13mo	$190,000	$173	48
1900 43rd Ave	0.55mi	3/1.0 (+1)	972 (-5%)	14mo	$58,000	$60	44
2412 19th St	0.66mi	2/1.0	910 (-12%)	13mo	$99,900	$110	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.38×
• Total profit: $51,780
• Equity at exit: $4,324

10-year hold

• IRR: —
• Equity multiple: 18.17×
• Total profit: $139,390
• Equity at exit: $2,507

Cash invested: $8,120 (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 39501

• Home prices YoY: -34.5%
• Rents YoY: 10.5%
• Active inventory: 252
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $1,248 high
• Mortgage (P&I): −$152
• Tax from tax record: −$38 /mo · $461/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $783

Break-even live

Break-even rent $256

Max offer price $29,000

Occupancy floor 32%

Sensitivity live

Price	-10% $799	-5% $791	+0% $783	+5% $775	+10% $767
Rent	-10% $684	-5% $734	+0% $783	+5% $832	+10% $882
Rate	-1.0pp $798	-0.5pp $790	base $783	+0.5pp $775	+1.0pp $768

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: $7,250
• Closing costs: $870
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1513 34th Ave Gulfport, MS	2.0	2.0	884	$1,250	$1.41	44d	1	0.22mi
3633 Southward Dr Gulfport, MS	2.0	2.0	900	$1,000	$1.11	44d	1	0.32mi
2414 34th Ave Gulfport, MS	2.0	1.0	912	$1,125	$1.23	22d	1	0.46mi
3305 12th St Gulfport, MS	2.0	1.5	1100	$1,295	$1.18	44d	1	0.50mi
1106 32nd Ave Gulfport, MS	3.0	2.0	1200	$1,300	$1.08	44d	1	0.56mi
1221 42nd Ave Gulfport, MS	3.0	1.0	1000	$1,400	$1.40	44d	1	0.69mi
2068 W Beach Blvd Biloxi, MS	1.0–3.0	1.0–2.0	998	$1,400	$1.40	14d	1	0.78mi
2125 22nd Ave Unit A & B A Gulfport, MS	1.0	1.0	795	$800	$1.01	44d	1	0.88mi
4319 Lewis St Gulfport, MS	3.0	2.0	1371	$1,649	$1.20	14d	1	1.08mi
1822 15th St Gulfport, MS	2.0	2.0	1100	$1,900	$1.73	44d	1	1.12mi
4409 Ford St Gulfport, MS	2.0	1.0	1000	$1,500	$1.50	44d	1	1.15mi
2317 30th St Gulfport, MS	2.0	1.0	1164	$2,150	$1.85	22d	1	1.16mi
2227 17th Ave Gulfport, MS	2.0	1.0	1000	$850	$0.85	44d	1	1.26mi
2207 16th Ave Gulfport, MS	2.0	1.0	1325	$1,425	$1.08	14d	1	1.31mi
2110 30th St Gulfport, MS	2.0	2.0	950	$950	$1.00	22d	1	1.32mi
1605 20th St Gulfport, MS	3.0	3.0	1350	$1,095	$0.81	44d	1	1.37mi
1412 Jo Ellen Cir Gulfport, MS	3.0	1.5	1275	$1,050	$0.82	14d	1	1.37mi
3008 50th Ave Gulfport, MS	3.0	2.0	1054	$1,050	$1.00	14d	1	1.44mi
1206 Beach Ave Gulfport, MS	3.0	2.0	1076	$1,500	$1.39	14d	1	1.45mi
2414 15th Ave Gulfport, MS	2.0	1.0	818	$1,000	$1.22	44d	1	1.46mi
1511 2nd St Gulfport, MS	3.0	1.5	1030	$2,000	$1.94	44d	1	1.48mi

Listing history 18 events

1. 2026-06-18
   days on market $29,000 Active 22 DOM
2. 2026-06-17
   days on market $29,000 Active 21 DOM
3. 2026-06-16
   price $29,000 Active 20 DOM
4. 2026-06-16
   days on market $33,000 Active 20 DOM
5. 2026-06-15
   days on market $33,000 Active 19 DOM
6. 2026-06-14
   days on market $33,000 Active 17 DOM
7. 2026-06-13
   days on market $33,000 Active 16 DOM
8. 2026-06-10
   days on market $33,000 Active 14 DOM
9. 2026-06-09
   days on market $33,000 Active 13 DOM
10. 2026-06-09
    price $33,000 Active 12 DOM
11. 2026-06-08
    days on market $34,000 Active 12 DOM
12. 2026-06-07
    days on market $34,000 Active 11 DOM
13. 2026-06-05
    days on market $34,000 Active 8 DOM
14. 2026-06-02
    pricedays on market $34,000 Active 6 DOM
15. 2026-06-01
    days on market $35,000 Active 5 DOM
16. 2026-05-31
    days on market $35,000 Active 4 DOM
17. 2026-05-30
    days on market $35,000 Active 3 DOM
18. 2026-05-27
    listed $35,000 Active

ⓘ 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: $461 · $38/mo
• Projected year-2 tax: $461 · $38/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 3/10 Moderate
• 🌡 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: $14,970
• − Mortgage interest: −$1,624
• − Property taxes: −$461
• − Insurance: −$145
• − Repairs & maintenance: −$1,198
• − Management: −$1,198
• − Depreciation: −$844
• Taxable income: $9,501
• Est. tax owed @ 24.0%: −$2,280
• After-tax cash flow: $7,115/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: Gulfport School District
• NCES district ID: 2801710
• Math proficiency: 41% ▼ -15.00%
• Reading proficiency: 42% ▼ -6.00%
• Median HH income: $35,712
• Composite: 34.38/100
• National rank: #5213
• State rank: #37 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): 22,565
• Household income: $34,758
• Rent vs Own: 60.3% rent · 39.7% own
• Severe rent burden: 1516.0

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 0.56)
• Race & ethnicity: Black 59% White 29% Two or more races 7% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 2% Serbian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -110.16%
• Current HPI: 208.998
• Rent YoY: ▲ 10.49%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-05-27 Listed $35,000 MLSU

Property tax history

+1.4%/yr

Latest (2025): $461 · +3.7% YoY. Source: county tax records.