11380 Mia Dr · Gulfport, MS 39503

$215,000

3 bd · 1.0 ba · 1,496 sqft · SingleFamily public records · 33 Days on market

Built 2009 9,583 sqft lot Est $212k · at est.

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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 +12.5/30.0
• ARV discount +7.0/15.0
• Rent growth +4.2/5.0
• Schools +4.2/10.0
• DSCR +3.7/10.0
• Livability +3.7/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Adorable 3br/2ba home located in the Fairfield subdivision and nestled on a huge corner lot. Home features large living area, eat-in kitchen, granite counter-tops, double-car garage, and privately fenced-in backyard. Conveniently located minutes away from shopping, casinos, I-10, restaurants, salons, Wal-Mart, Sam's, and so much more! Call today for your appointment.

Key facts

• Huge corner lot
• Eat-in kitchen
• Granite counter-tops

Tags

• HUGE CORNER LOT
• EAT-IN KITCHEN
• GRANITE COUNTER-TOPS
• PRIVATELY FENCED-IN BACKYARD

Property features AI

Finance

• Other: Living area reported from public records; Year built source: assessor

Exterior

• Parking: Attached enclosed garage with garage door opener (2 garage spaces); Driveway parking; Garage faces front; Concrete driveway
• Security: Dead bolt locks
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family house; One story; Updated/remodeled
• Construction: Brick, brick veneer and siding exterior; Architectural shingle roof; Brick/mortar foundation and slab
• Exterior features: Private yard; Patio; Fenced backyard; Landscaped front yard; Corner lot

Interior

• Kitchen: Dishwasher; Free-standing electric oven; Microwave; Refrigerator; Stainless steel appliances
• Bedrooms: Bedrooms information not provided
• Flooring: Carpet; Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating and central air; Electric heating and cooling; Heat pump; Fireplace provides supplemental heat
• Interior features: Ceiling fans; Entrance foyer; High-speed internet available; Breakfast bar; Granite counters; Dead bolt locks; Living room fireplace
• Laundry & utility: Main-level laundry room with washer and electric dryer hook-ups; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-32 ($-382/yr) — negative.
• To cash-flow at today's rent, offer at most $209k (2.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $163k (24.0% below list).
• Recommended offer: $163k (24.0% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.9% in Gulfport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: amenities F, commute F, employment 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.
• Zoned schools: Harrison Central Elementary (math 52% / reading 37%, grade F, #92 of 375 statewide, top 26%, 472 students, 99% FRL) — zoned schools average 99% FRL vs 62% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+7.0%/yr); 770 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 46d 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).
• This rent runs 31% of the median local income ($63k/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 $1k of loan paydown is wiped out by about $6k 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 33 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y 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.
• Current owner paid $134k; list at $215k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $163,299 (24.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.76% ✗
• Cap rate: 6.12%
• Cash-on-cash: -0.64%
• DSCR: 0.97
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $212,432
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11333 Fairfield Ln	0.23mi	3/2.0	1,484 (-1%)	4mo	$210,000	$142	81
11394 Fairfield Ln	0.14mi	4/2.0 (+1)	1,532 (+2%)	8mo	$210,000	$137	74
12062 Jessica Cir	0.16mi	3/2.0	1,385 (-7%)	4mo	$214,900	$155	73
11365 Fairfield Ln	0.19mi	4/2.0 (+1)	1,472 (-2%)	9mo	$215,000	$146	72
11352 Mia Cir	0.08mi	3/2.0	1,661 (+11%)	3mo	$235,700	$142	71
12343 Dedeaux Rd	0.32mi	2/1.0 (-1)	1,459 (-2%)	8mo	$139,900	$96	70
11368 Mia Dr	0.04mi	3/2.0	1,280 (-14%)	2mo	$194,500	$152	68
2607 W Stevens Cir	0.45mi	3/1.5	1,429 (-4%)	6mo	$139,000	$97	64
2513 Knox St	0.72mi	3/2.0	1,501 (+0%)	2mo	$174,900	$117	60
2627 W Angela Cir	0.38mi	3/1.5	1,278 (-15%)	2mo	$124,900	$98	54
13004 Alta Vida Ct	0.49mi	4/2.0 (+1)	1,339 (-10%)	3mo	$214,900	$160	48
502 Ramsey Ave	0.74mi	3/1.5	1,456 (-3%)	14mo	$172,000	$118	47

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: -13.5%
• Equity multiple: 0.50×
• Total profit: $-30,127
• Equity at exit: $32,057

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $1,225
• Equity at exit: $18,589

Cash invested: $60,200 (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: 770
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,633 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$105 /mo · $1,258/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $-32

Break-even live

Break-even rent $1,673

Max offer price $209,370

Occupancy floor 97%

Sensitivity live

Price	-10% $90	-5% $29	+0% $-32	+5% $-93	+10% $-154
Rent	-10% $-161	-5% $-96	+0% $-32	+5% $33	+10% $97
Rate	-1.0pp $76	-0.5pp $23	base $-32	+0.5pp $-88	+1.0pp $-144

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11312 Jessica Dr Gulfport, MS	3.0	2.0	1092	$1,625	$1.49	23d	1	0.16mi
12062 Jessica Cir Gulfport, MS	3.0	2.0	1385	$1,700	$1.23	15d	1	0.18mi
12271 Dedeaux Rd Gulfport, MS	3.0	1.5	1462	$1,350	$0.92	45d	1	0.26mi
11310 Fairfield Ln Gulfport, MS	3.0	2.0	1084	$1,625	$1.50	45d	1	0.26mi
10669 E Bay Tree Dr Gulfport, MS	3.0	2.0	1200	$1,425	$1.19	23d	1	1.04mi
13181 Warren Dr Gulfport, MS	3.0	2.0	1188	$1,375	$1.16	45d	1	1.11mi
10596 E Bay Tree Dr Gulfport, MS	2.0	2.0	1047	$1,200	$1.15	45d	1	1.14mi
13242 Warren Dr Gulfport, MS	2.0	2.0	1012	$1,100	$1.09	45d	1	1.19mi
12147 Prudie Cir Gulfport, MS	3.0	2.0	1100	$975	$0.89	45d	1	1.40mi
11258 Laura Ln Gulfport, MS	3.0	2.0	1517	$1,870	$1.23	23d	1	1.46mi
12040 Highland Ave Gulfport, MS	3.0	2.0	1019	$950	$0.93	15d	1	1.49mi

Listing history 26 events

1. 2026-06-21
   days on market $215,000 Active 33 DOM
2. 2026-06-18
   days on market $215,000 Active 30 DOM
3. 2026-06-17
   days on market $215,000 Active 29 DOM
4. 2026-06-16
   days on market $215,000 Active 28 DOM
5. 2026-06-15
   days on market $215,000 Active 27 DOM
6. 2026-06-14
   days on market $215,000 Active 25 DOM
7. 2026-06-13
   days on market $215,000 Active 24 DOM
8. 2026-06-10
   days on market $215,000 Active 22 DOM
9. 2026-06-09
   days on market $215,000 Active 21 DOM
10. 2026-06-08
    days on market $215,000 Active 20 DOM
11. 2026-06-07
    days on market $215,000 Active 19 DOM
12. 2026-06-02
    days on market $215,000 Active 14 DOM
13. 2026-06-01
    days on market $215,000 Active 13 DOM
14. 2026-05-31
    days on market $215,000 Active 12 DOM
15. 2026-05-30
    days on market $215,000 Active 11 DOM
16. 2026-05-23
    status Active
17. 2026-05-15
    status Pending
18. 2026-05-11
    listed $215,000 Active
19. 2022-08-29
    historical
20. 2022-08-28
    status Pending
21. 2022-08-07
    price $211,000
22. 2022-06-29
    listed $220,000 Active
23. 2018-09-20
    soldstatus $134,000
24. 2018-09-12
    soldstatus
25. 2018-06-20
    listed $139,900
26. 2009-04-02
    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: $1,258 · $105/mo
• Projected year-2 tax: $1,699 · $142/mo
• Expected delta: +$440/yr (+$37/mo · 35.0%)

ⓘ 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 5/10 Major
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,596
• − Mortgage interest: −$12,043
• − Property taxes: −$1,258
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,568
• − Management: −$1,568
• − Depreciation: −$6,255
• Taxable loss: −$4,171
• Est. tax savings @ 24.0%: +$1,001
• After-tax cash flow: $619/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

+53.7% since first listed

11 events — show timeline

• 2026-05-23 Relisted — MLSU
• 2026-05-15 Pending — MLSU
• 2026-05-11 Listed $215,000 MLSU
• 2022-08-29 Listing Removed — MLSU
• 2022-08-28 Pending — MLSU
• 2022-08-07 Price Changed $211,000 MLSU
• 2022-06-29 Listed $220,000 MLSU
• 2018-09-20 Sold (Public Records) $134,000 Public Records
• 2018-09-12 Sold (MLS) — MLSU
• 2018-06-20 Listed $139,900 MLSU
• 2009-04-02 Sold (Public Records) — Public Records

Property tax history

+8.9%/yr

Latest (2025): $1,258 · +5.4% YoY. Source: county tax records.