4576 Laurelwood Dr · D'Iberville, MS 39540

$180,000

4 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 1 Days on market

Built 1996 0.40 ac lot Est $179k · at est.

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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 +24.0/30.0
• DSCR +7.7/10.0
• ARV discount +7.2/15.0
• 1% rule +5.1/10.0
• Schools +4.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming and unique home in the heart of D'Iberville! Offering 4 bedrooms and 2 full baths across 1,384 square feet, this property combines character, functionality, and inviting outdoor living. Step inside to a spacious living room featuring soaring ceilings and a cozy wood-burning fireplace--perfect for relaxing evenings or gathering with family and friends. The layout offers great versatility, with three bedrooms conveniently located on the main level, while the private primary suite is tucked away in a loft-style retreat upstairs. The kitchen comes fully equipped with a refrigerator, washer, and dryer--all included--making this home truly move-in ready. Outdoors, you'll

Key facts

• 0.4 acre lot
• 2 parking spots
• Built 1996

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 8.6% vs local median 5.4% in D'Iberville — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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: 89 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% 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 $1k of loan paydown is wiped out by about $5k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

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 $180,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.01% ✓
• Cap rate: 8.64%
• Cash-on-cash: 8.38%
• DSCR: 1.37
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $178,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
21 Cottonwood Ct	0.45mi	3/2.0 (-1)	1,222 (+2%)	2mo	$205,900	$168	65
2 Sandalwood Ct	0.38mi	3/2.0 (-1)	1,290 (+8%)	2mo	$169,999	$132	59
416 Shadowlawn Ct	0.40mi	4/2.0	1,323 (+10%)	3mo	$179,900	$136	58
10350 Goodman Rd	0.56mi	3/2.0 (-1)	1,238 (+3%)	4mo	$170,000	$137	56
682 Atwood Dr	0.44mi	3/1.5 (-1)	1,148 (-4%)	12mo	$135,000	$118	55
312 Springdale Cir	0.46mi	3/2.0 (-1)	1,292 (+8%)	4mo	$189,900	$147	54
4497 Magnolia Cv	0.48mi	3/2.0 (-1)	1,305 (+9%)	9mo	$194,900	$149	46
114 Evergreen Dr	0.45mi	3/1.5 (-1)	1,350 (+12%)	7mo	$199,800	$148	45
104 Forest Dr	0.37mi	3/1.5 (-1)	1,032 (-14%)	9mo	$185,000	$179	45
208 Cedar Dr	0.53mi	3/2.0 (-1)	1,040 (-13%)	5mo	$179,900	$173	40
586 Nadine Dr	0.65mi	3/2.0 (-1)	1,342 (+12%)	9mo	$215,000	$160	34
4157 Magnolia Pl	0.74mi	3/2.0 (-1)	1,352 (+13%)	11mo	$205,000	$152	26

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.6%
• Equity multiple: 0.86×
• Total profit: $-6,814
• Equity at exit: $26,839

10-year hold

• IRR: 6.0%
• Equity multiple: 1.45×
• Total profit: $22,646
• Equity at exit: $15,563

Cash invested: $50,400 (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 39540

• Home prices YoY: -30.9%
• Active inventory: 89
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,812 high
• Mortgage (P&I): −$944
• Tax from tax record: −$60 /mo · $724/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $352

Break-even live

Break-even rent $1,366

Max offer price $180,000

Occupancy floor 76%

Sensitivity live

Price	-10% $454	-5% $403	+0% $352	+5% $301	+10% $250
Rent	-10% $209	-5% $281	+0% $352	+5% $424	+10% $495
Rate	-1.0pp $443	-0.5pp $398	base $352	+0.5pp $305	+1.0pp $258

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
678 Meadow Dr Diberville, MS	3.0	1.5	1112	$1,500	$1.35	14d	1	0.33mi
2 Sandalwood Ct Diberville, MS	3.0	2.0	1290	$1,625	$1.26	44d	1	0.35mi
11136 Windsor Hill Dr Diberville, MS	3.0	2.0	1301	$1,749	$1.34	44d	1	0.45mi
329 Springdale Cir D'Iberville, MS	3.0	2.0	1176	$1,600	$1.36	44d	1	0.45mi
880 Motsie Rd Apt C109 Biloxi, MS	3.0	2.0	1140	$1,600	$1.40	44d	1	0.66mi
327 Dianne Dr Diberville, MS	4.0	2.0	1500	$1,100	$0.73	14d	1	0.67mi
905 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.79mi
907 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
909 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
913 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
917 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
919 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
933 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
935 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.83mi
945 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.84mi
947 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.84mi
949 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.84mi
923 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.84mi
927 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.85mi
941 Motsie Rd Biloxi, MS	3.0	1.5	1030	$1,950	$1.89	44d	1	0.85mi
10480 Auto Mall Pkwy Diberville, MS	1.0–3.0	1.0–2.0	1281	$1,907	$1.49	14d	1	0.94mi
831 Cedar Lake Rd Biloxi, MS	1.0–3.0	1.0–2.0	1065	$1,699	$1.59	14d	9	1.28mi
1735 Tribe Dr Biloxi, MS	3.0	2.0	1290	$2,195	$1.70	14d	12	1.35mi

Listing history 3 events

1. 2026-04-18
   status Pending
2. 2026-04-17
   listed $180,000 Active
3. 2004-08-11
   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: $724 · $60/mo
• Projected year-2 tax: $1,422 · $119/mo
• Expected delta: +$698/yr (+$58/mo · 96.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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: $21,743
• − Mortgage interest: −$10,083
• − Property taxes: −$724
• − Insurance: −$900
• − Repairs & maintenance: −$1,739
• − Management: −$1,739
• − Depreciation: −$5,236
• Taxable income: $1,321
• Est. tax owed @ 24.0%: −$317
• After-tax cash flow: $3,909/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 — D'Iberville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: D'Iberville, MS
• Population (ZIP): 13,033

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 0.60)
• Race & ethnicity: White 60% Black 18% Asian 10% Two or more races 9% Hispanic / Latino 9%
• Common ancestry: Romanian 5% Slovak 4% Lithuanian 3%
• Foreign-born: 12% · Canada, Vietnam, South Korea
• Languages at home: 85% English-only · Spanish 6% Vietnamese 6% Other Asian/Pacific 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: ▼ -83.70%
• Current HPI: 187.2895
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

3 events — show timeline

• 2026-04-18 Pending — MLSU
• 2026-04-17 Listed $180,000 MLSU
• 2004-08-11 Sold (Public Records) — Public Records

Property tax history

+0.4%/yr

Latest (2025): $724 · +6.6% YoY. Source: county tax records.