CashFlowRE
Sign in Sign up
1171 Century Oaks Dr Unit A
D+ Composite 46.13
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).

  • ARV discount +14.6/15.0
  • Cash flow +9.3/30.0
  • Schools +4.8/10.0
  • 1% rule +3.8/10.0
  • Condition / age +3.8/5.0
  • Livability +3.7/5.0
  • Rent growth +3.6/5.0
  • DSCR +2.6/10.0
  • Appreciation +0.0/10.0

$215,000

1171 Century Oaks Dr Unit A · Gulfport, MS 39507
3 bd · 3.0 ba · 1,156 sqft · Condo · 108 Days on market
Built 2006 Good condition $186/sqft · 16% below area Est $255k · 16% under $165/mo HOA · 9% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

It's time for you to finally own that coastal property you have always dreamt of with this 3-bedroom, 3-bathroom townhouse already fully furnished and ready! Smell the ocean breeze with a 3-5-minute walk to the beach or enjoy the beautiful weather on your open front and private back outdoor space. Enter into your open living space where you can entertain guests or relax in your kitchen with updated stainless-steel appliances. The spacious bedrooms are also equipped with comfortable beds and linens so all that's missing in this property is you! Wake up like you're on vacation every day or list this property as a vacation rental for your investment. Also, the lowest HOA fees on the coast and a brand-new AC! Also, mortgage does not require flood insurance! Experience the beach vibes, schedule a showing now.

Key facts

  • Gated community
  • Community pool
  • Upgraded appliances

Tags

GATED COMMUNITYCOMMUNITY POOLNEWER HVAC SYSTEMUPGRADED APPLIANCESFENCED WOOD DECKOUTDOOR LIVING SPACE

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath condo listed at $215k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-156 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $192k (10.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (12.0% below list).
  • Recommended offer: $189k (12.0% below list) — sets the bar for 1% rule.

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.
  • 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.
  • Zoned schools: Anniston Avenue Elementary School (math 52% / reading 53%, grade C-, #53 of 375 statewide, top 14%, 535 students, 100% FRL); Bayou View Middle School (math 54% / reading 49%, grade C, #27 of 179 statewide, top 16%, 826 students, 100% FRL); Gulfport High School (math 42% / reading 36%, grade F, #54 of 197 statewide, top 28%, 1,728 students, 100% FRL) — zoned schools average 100% FRL vs 67% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+4.3%/yr); 357 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% 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 42% of the median local income ($55k/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 108 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 20y 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.

Risks & watch-outs

  • 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 $189,267 (12.0% 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 108 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.88%
Cap rate
5.42%
Cash-on-cash
-3.10%
DSCR
0.86
GRM
9.5

CMA / ARV

ARV (median comp)
$255,482
List price
$215,000
Delta
-15.85%
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
1121 Century Oaks Dr Unit C 0.03mi 3/3.0 1,314 (+14%) 3mo $189,000 $144 74
1085 Township Rd 0.08mi 3/2.5 1,425 (+23%) 3mo $350,000 $246 67
760 Hunters Glen Ln 0.17mi 3/1.5 1,000 (-14%) 2mo $183,990 $184 62
1200 Beach Dr #503 0.22mi 2/2.0 (-1) 1,277 (+10%) 3mo $299,000 $234 61
752 Hunters Glen Ln 0.17mi 2/2.5 (-1) 1,000 (-14%) 3mo $188,990 $189 60
1321 Foxwood Pl 1.43mi 2/2.5 (-1) 1,162 (+0%) 1mo $149,000 $128 57
1322 Foxwood Pl 1.45mi 2/2.5 (-1) 1,162 (+0%) 2mo $120,000 $103 55
654 Tegarden Rd 0.69mi 3/2.0 1,225 (+6%) 2mo $221,900 $181 53
38 30th St 1.09mi 3/1.0 1,251 (+8%) 2mo $135,000 $108 42
14 Independence Dr #14 0.53mi 2/1.5 (-1) 1,311 (+13%) 3mo $165,000 $126 40
19 31st St 0.96mi 3/1.0 1,287 (+11%) 1mo $186,500 $145 37
1325 Harrison Rd 1.49mi 2/2.0 (-1) 1,357 (+17%) 2mo $169,900 $125 29

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 · 4.26% rent growth · sell at horizon

5-year hold
IRR
-19.8%
Equity multiple
0.30×
Total profit
$-42,191
Equity at exit
$32,057
10-year hold
IRR
-9.9%
Equity multiple
0.36×
Total profit
$-38,744
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.

ZIP-level market 39507

Home prices YoY
-27.1%
Rents YoY
4.3%
Active inventory
357
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$1,893 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax est. 1.5%
$269 /mo · $3,225/yr
Insurance
$90
HOA
$165
Vacancy / Maint / Mgmt
$397
Net cashflow
$-156

Break-even live

Break-even rent $2,090
Max offer price $192,483
Occupancy floor

Sensitivity live

Price -10% $-7 -5% $-81 +0% $-156 +5% $-230 +10% $-304
Rent -10% $-305 -5% $-230 +0% $-156 +5% $-81 +10% $-6
Rate -1.0pp $-47 -0.5pp $-101 base $-156 +0.5pp $-211 +1.0pp $-268

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

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1131 Century Oaks Dr Gulfport, MS 3.0 3.0 1156 $1,800 $1.56 93d 1 0.03mi
1101 Century Oaks Dr Gulfport, MS 3.0 3.0 1330 $1,700 $1.28 93d 1 0.05mi
1229 Century Oaks Dr Gulfport, MS 3.0 3.0 1200 $2,600 $2.17 70d 1 0.05mi
1100 Century Oaks Dr Unit A Gulfport, MS 3.0 3.0 1156 $2,200 $1.90 93d 1 0.06mi
1270 Century Oaks Dr Gulfport, MS 3.0 3.0 1158 $1,950 $1.68 93d 1 0.07mi
986 Waterford Ln Gulfport, MS 3.0 1.5 1000 $1,650 $1.65 93d 1 0.08mi
229 Milray Ln Gulfport, MS 2.0 2.5 889 $1,795 $2.02 70d 1 0.08mi
1276 Century Oaks Dr Gulfport, MS 3.0 3.0 1283 $2,100 $1.64 93d 1 0.09mi
696 Hunters Glen Ln Gulfport, MS 3.0 1.5 1000 $1,800 $1.80 70d 1 0.17mi
477 Tegarden Rd Unit D Gulfport, MS 3.0 2.0 1300 $1,300 $1.00 63d 1 0.53mi
1525 E Pass Rd Gulfport, MS 1.0–3.0 1.0–2.0 1070 $1,519 $1.42 70d 1 0.97mi
1114 Washington Ave Gulfport, MS 3.0 2.0 1200 $1,350 $1.12 70d 1 1.15mi
980 Courthouse Rd Unit 1605 Gulfport, MS 2.0 2.0 1227 $1,355 $1.10 70d 1 1.27mi
3503 Hancock Ave Gulfport, MS 2.0 2.5 1100 $1,100 $1.00 70d 1 1.30mi
200 Commerce St Gulfport, MS 2.0 1.0 900 $1,100 $1.22 70d 1 1.41mi
124 30th 1/2 St Gulfport, MS 2.0 1.5 1007 $1,100 $1.09 93d 1 1.45mi
1400 Mill Rd Gulfport, MS 2.0 2.5 1290 $2,550 $1.98 93d 1 1.45mi
1339 Foxwood Pl Gulfport, MS 3.0 2.0 1100 $1,375 $1.25 93d 1 1.49mi

Property features AI

Finance

HOA & community
Association with a $165 monthly feeHOA covers grounds maintenance, pest control, and pool serviceGated community with a community pool

Exterior

Parking
Assigned parking for 2 vehicles
Security
Security gate
Utilities
Public waterPublic sewerElectricity connectedWater connectedSewer connected
Home design
TownhouseTwo-story (lowrise)Move-in ready
Construction
Vinyl exteriorShingle roofSlab foundationBuilt (year source: assessor)
Exterior features
Private yardDog runNear the beachIn-ground private pool

Interior

Kitchen
DishwasherDisposalMicrowaveRefrigeratorGas/Electric range not specified
Flooring
Luxury vinyl flooringTile flooring
Bathrooms
3 full bathrooms
Heating & cooling
Electric heatingCentral air conditioning
Interior features
Open floorplan
Laundry & utility
Stacked washer and dryerWasher and dryer included

HOA detail $165/mo · $1,980/yr condo

Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-08-08
    days on market $215,000 Active 108 DOM
  2. 2026-08-07
    days on market $215,000 Active 107 DOM
  3. 2026-08-06
    days on market $215,000 Active 106 DOM
  4. 2026-08-05
    days on market $215,000 Active 105 DOM
  5. 2026-08-04
    days on market $215,000 Active 104 DOM
  6. 2026-08-03
    days on market $215,000 Active 103 DOM
  7. 2026-07-31
    days on market $215,000 Active 100 DOM
  8. 2026-07-30
    days on market $215,000 Active 99 DOM
  9. 2026-07-29
    days on market $215,000 Active 98 DOM
  10. 2026-07-27
    days on market $215,000 Active 96 DOM
  11. 2026-07-25
    days on market $215,000 Active 94 DOM
  12. 2026-07-24
    days on market $215,000 Active 93 DOM
  13. 2026-07-23
    days on market $215,000 Active 92 DOM
  14. 2026-07-22
    days on market $215,000 Active 91 DOM
  15. 2026-07-21
    days on market $215,000 Active 90 DOM
  16. 2026-07-18
    days on market $215,000 Active 87 DOM
  17. 2026-07-16
    days on market $215,000 Active 85 DOM
  18. 2026-07-16
    days on market $215,000 Active 84 DOM
  19. 2026-07-14
    days on market $215,000 Active 83 DOM
  20. 2026-07-13
    days on market $215,000 Active 82 DOM
  21. 2026-07-12
    days on market $215,000 Active 81 DOM
  22. 2026-07-11
    days on market $215,000 Active 80 DOM
  23. 2026-07-10
    days on market $215,000 Active 79 DOM
  24. 2026-07-09
    days on market $215,000 Active 78 DOM
  25. 2026-07-08
    days on market $215,000 Active 77 DOM
  26. 2026-07-07
    days on market $215,000 Active 76 DOM
  27. 2026-07-06
    days on market $215,000 Active 75 DOM
  28. 2026-07-05
    days on market $215,000 Active 74 DOM
  29. 2026-07-04
    days on market $215,000 Active 73 DOM
  30. 2026-07-03
    days on market $215,000 Active 72 DOM
  31. 2026-07-02
    days on market $215,000 Active 71 DOM
  32. 2026-07-01
    days on market $215,000 Active 70 DOM
  33. 2026-06-30
    days on market $215,000 Active 69 DOM
  34. 2026-06-29
    days on market $215,000 Active 68 DOM
  35. 2026-06-28
    days on market $215,000 Active 67 DOM
  36. 2026-06-28
    days on market $215,000 Active 66 DOM
  37. 2026-06-27
    days on market $215,000 Active 65 DOM
  38. 2026-06-25
    days on market $215,000 Active 63 DOM
  39. 2026-06-23
    days on market $215,000 Active 61 DOM
  40. 2026-06-22
    days on market $215,000 Active 60 DOM
  41. 2026-06-18
    days on market $215,000 Active 57 DOM
  42. 2026-06-17
    days on market $215,000 Active 56 DOM
  43. 2026-06-16
    days on market $215,000 Active 55 DOM
  44. 2026-06-15
    days on market $215,000 Active 54 DOM
  45. 2026-06-14
    days on market $215,000 Active 52 DOM
  46. 2026-06-13
    days on market $215,000 Active 51 DOM
  47. 2026-06-10
    days on market $215,000 Active 49 DOM
  48. 2026-06-09
    days on market $215,000 Active 48 DOM
  49. 2026-06-08
    days on market $215,000 Active 47 DOM
  50. 2026-06-07
    days on market $215,000 Active 46 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 23% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,712
− Mortgage interest
−$12,043
− Property taxes
−$3,225
− Insurance
−$1,075
− Repairs & maintenance
−$1,817
− Management
−$1,817
− HOA
−$1,980
− Depreciation
−$6,255
Taxable loss
−$5,500
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,320
After-tax cash flow
$-547/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $5,780–$17,340 screening

This well-maintained 3-bedroom, 3-bath townhome in Century Oaks is move-in ready with updated appliances and fresh paint. It offers a great combination of convenience and privacy, perfect for both resale and rental.

Value-add opportunities

  • Both painting exterior siding — enhances curb appeal and value
  • Both upgrading flooring in kitchen and bathrooms — improves aesthetics and functionality
  • Both replacing outdoor furniture — extends usability and enhances curb appeal

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 48/100

Zoned Schools

Elementary Anniston Avenue Elementary School C- MS #53/375 Nat'l #11,114/41,679 Middle Bayou View Middle School C MS #27/179 Nat'l #3,192/14,009 High Gulfport High School F MS #54/197 Nat'l #8,724/17,239

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
B Composite livability gradescore 73/100

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 · 228,444 people
City population
96,188
Metro
Gulfport-Biloxi, MS
Population (ZIP)
18,564
Household income
$54,657
Rent vs Own
44.3% rent · 55.7% own
Severe rent burden
8% of renters

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
Majority White (65%)
Race & ethnicity
White 65% Black 24% Hispanic / Latino 6% Two or more races 5% Asian 1%
Hispanic origin (detail)
Mexican 2% Cuban 1%
Common ancestry
Slovak 4% Lithuanian 4% Romanian 2%
Foreign-born
4% · Canada
Languages at home
94% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 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

Price history

+50.5% since first listed
19 events — show timeline
  • 2026-04-21 Listed $215,000 MLSU
  • 2024-09-27 Sold (MLS) MLSU
  • 2024-08-20 Pending MLSU
  • 2024-07-27 Listed $249,000 MLSU
  • 2024-05-20 Listing Removed MLSU
  • 2024-03-05 Price Changed $254,500 MLSU
  • 2024-02-26 Price Changed $258,000 MLSU
  • 2024-01-19 Listed $259,000 MLSU
  • 2023-10-08 Listing Removed MLSU
  • 2023-09-30 Relisted MLSU
  • 2023-09-27 Listing Removed MLSU
  • 2023-09-09 Price Changed $254,000 MLSU
  • 2023-08-18 Relisted MLSU
  • 2023-08-04 Pending MLSU
  • 2023-07-15 Price Changed $261,000 MLSU
  • 2023-06-04 Price Changed $262,000 MLSU
  • 2023-05-26 Listed $264,000 MLSU
  • 2006-09-21 Sold (MLS) MLSU
  • 2006-07-03 Listed $142,900 MLSU

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…