2001 43rd Ave · Gulfport, MS 39501

$74,900

4 bd · 1.0 ba · 1,150 sqft · SingleFamily public records · 49 Days on market

Built 2008 6,969 sqft lot $65/sqft · 13% below area Est $86k · 13% under ↓ 11% 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
• ARV discount +13.2/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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 MLS

Opportunity awaits with this charming property nestled beneath beautiful mature oak trees on a desirable corner lot. Featuring a spacious 4-bedroom, 2-bath split floor plan, this home offers both privacy and a flexible layout ideal for a variety of living situations. While the home is ready for updates, it presents a fantastic canvas for customization. With new flooring, fresh paint, and a touch of cosmetic renovation, this property can be transformed into something truly special. Priced well below its fully restored market potential, this is an excellent opportunity for investors, renovators, or buyers looking to create their dream home while building immediate equity. Don't miss your chance to unlock the full potential of this hidden gem.

Key facts

• Fresh paint
• New flooring
• Cosmetic renovation

Tags

• CORNER LOT
• SPACIOUS SPLIT FLOOR PLAN
• NEW FLOORING
• FRESH PAINT
• COSMETIC RENOVATION

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $175 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 15.9% 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; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• At $1,446/mo this rent would consume 50% of the median local household income ($35k/yr) (locally 1516% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 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 + 8.0% rent growth), your $21k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $72,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 1.93% ✓
• Cap rate: 15.94%
• Cash-on-cash: 34.45%
• DSCR: 2.53
• GRM: 4.3

CMA / ARV

• ARV (median comp): $85,870
• List price: $74,900
• Delta: -12.77%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2007 46th Ave	0.21mi	3/2.0 (-1)	1,150 (0%)	7mo	$139,500	$121	76
1873 43rd Ave	0.16mi	3/2.0 (-1)	1,200 (+4%)	8mo	$104,900	$87	70
1808 41 St Ave	0.20mi	3/1.5 (-1)	1,111 (-3%)	17mo	$70,000	$63	64
1717 Terrace Dr	0.36mi	3/1.0 (-1)	1,125 (-2%)	15mo	$90,000	$80	62
1816 43rd Ave	0.19mi	3/2.0 (-1)	996 (-13%)	2mo	$69,900	$70	58
1521 42nd Ave	0.33mi	3/2.0 (-1)	1,100 (-4%)	13mo	$190,000	$173	58
3617 22nd St	0.43mi	3/1.0 (-1)	1,051 (-9%)	10mo	$74,900	$71	52
2038 46th Ave	0.19mi	3/1.0 (-1)	1,044 (-9%)	23mo	$55,000	$53	52
1607 Broad Ave	0.53mi	3/1.5 (-1)	1,197 (+4%)	18mo	$69,000	$58	47
1221 42nd Ave	0.59mi	3/1.0 (-1)	1,000 (-13%)	7mo	$89,000	$89	40
1507 Woodward Ave	0.69mi	3/2.0 (-1)	1,120 (-3%)	23mo	$90,999	$81	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: 7.8%
• Equity multiple: 1.33×
• Total profit: $6,975
• Equity at exit: $11,168

10-year hold

• IRR: 22.8%
• Equity multiple: 3.69×
• Total profit: $56,447
• Equity at exit: $6,476

Cash invested: $20,972 (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: 4.3×

Monthly cashflow live

• Estimated rent: $1,446 high
• Mortgage (P&I): −$393
• Tax from tax record: −$116 /mo · $1,394/yr
• Insurance: −$31
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $175

Break-even live

Break-even rent $1,224

Max offer price $74,900

Occupancy floor 83%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1221 42nd Ave Gulfport, MS	3.0	1.0	1000	$1,400	$1.40	44d	1	0.60mi
1412 Jo Ellen Cir Gulfport, MS	3.0	1.5	1275	$1,050	$0.82	14d	1	0.91mi
3008 50th Ave Gulfport, MS	3.0	2.0	1054	$1,050	$1.00	14d	1	0.96mi
4319 Lewis St Gulfport, MS	3.0	2.0	1371	$1,649	$1.20	14d	1	0.97mi
1106 32nd Ave Gulfport, MS	3.0	2.0	1200	$1,300	$1.08	44d	1	1.02mi
1206 Beach Ave Gulfport, MS	3.0	2.0	1076	$1,500	$1.39	14d	1	1.07mi
2986 58th Ave Gulfport, MS	3.0	2.0	1153	$1,295	$1.12	14d	1	1.27mi
2068 W Beach Blvd Biloxi, MS	1.0–3.0	1.0–2.0	998	$1,700	$1.70	14d	1	1.34mi
3712 37th Ave Gulfport, MS	3.0	2.0	1144	$1,175	$1.03	14d	1	1.43mi

Listing history 7 events

1. 2026-06-02
   status $74,900 Pending 49 DOM
2. 2026-06-01
   days on market $74,900 Active 49 DOM
3. 2026-05-31
   days on market $74,900 Active 48 DOM
4. 2026-05-30
   days on market $74,900 Active 47 DOM
5. 2026-05-11
   price $79,000 753-char remark

   Show marketing remark (753 chars)

   Opportunity awaits with this charming property nestled beneath beautiful mature oak trees on a desirable corner lot. Featuring a spacious 4-bedroom, 2-bath split floor plan, this home offers both privacy and a flexible layout ideal for a variety of living situations. While the home is ready for updates, it presents a fantastic canvas for customization. With new flooring, fresh paint, and a touch of cosmetic renovation, this property can be transformed into something truly special. Priced well below its fully restored market potential, this is an excellent opportunity for investors, renovators, or buyers looking to create their dream home while building immediate equity. Don't miss your chance to unlock the full potential of this hidden gem.

6. 2026-04-13
   listed $89,000 Active 753-char remark

   Show marketing remark (753 chars)

   Opportunity awaits with this charming property nestled beneath beautiful mature oak trees on a desirable corner lot. Featuring a spacious 4-bedroom, 2-bath split floor plan, this home offers both privacy and a flexible layout ideal for a variety of living situations. While the home is ready for updates, it presents a fantastic canvas for customization. With new flooring, fresh paint, and a touch of cosmetic renovation, this property can be transformed into something truly special. Priced well below its fully restored market potential, this is an excellent opportunity for investors, renovators, or buyers looking to create their dream home while building immediate equity. Don't miss your chance to unlock the full potential of this hidden gem.

7. 2007-11-07
   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: $1,394 · $116/mo
• Projected year-2 tax: $1,394 · $116/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 AE · 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: $17,349
• − Mortgage interest: −$4,196
• − Property taxes: −$1,394
• − Insurance: −$5,493
• − Repairs & maintenance: −$1,388
• − Management: −$1,388
• − Depreciation: −$2,179
• Taxable income: $1,312
• Est. tax owed @ 24.0%: −$315
• After-tax cash flow: $1,791/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

-11.2% since first listed

3 events — show timeline

• 2026-05-11 Price Changed $79,000 MLSU
• 2026-04-13 Listed $89,000 MLSU
• 2007-11-07 Sold (Public Records) — Public Records

Property tax history

-0.0%/yr

Latest (2025): $1,394 · +4.8% YoY. Source: county tax records.