13743 Windwood Dr · Lyman, MS 39503

$216,000

3 bd · 1.0 ba · 1,458 sqft · SingleFamily public records · 5 Days on market

Built 2015 7,405 sqft lot Est $233k · 7% under

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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 +17.4/30.0
• ARV discount +10.8/15.0
• DSCR +5.4/10.0
• Rent growth +4.2/5.0
• Schools +4.2/10.0
• 1% rule +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors special!! This home is currently tenant occupied until 3-31-22. The tenants pay $1,400 a month. This gorgeous home has it all including large kitchen with stainless steel appliances, big living room, high ceilings, spacious master bedroom, walk-in shower, and a soaking tub! The large fenced back yard has a covered patio that is perfect for entertaining!

Key facts

• Gulfport location
• Covered patio
• 7,405 sq ft lot

Tags

• PRIVACY FENCED BACKYARD
• COVERED PATIO
• SIDEWALK NEIGHBORHOOD
• GULFPORT LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $216k.

Deal economics

• At list price, monthly cash flow is $162 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $186k (13.7% below list).
• Recommended offer: $186k (13.7% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 4.4% in Lyman — 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 69/100 on livability (#47 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety 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: Lyman Elementary School (math 62% / reading 50%, grade C+, #39 of 375 statewide, top 10%, 490 students, 99% FRL); West Harrison Middle School (653 students, 100% FRL); Harrison Central High School (math 38% / reading 38%, grade F, #58 of 197 statewide, top 29%, 1,486 students, 100% FRL) — zoned schools average 100% 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); 763 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 36% 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 11y 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 $140k; list at $216k implies a 54% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,483 (13.7% below list)

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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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.
4. 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.
5. 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: 0.86% ✗
• Cap rate: 7.19%
• Cash-on-cash: 3.21%
• DSCR: 1.14
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $233,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13743 Windwood Dr	0.00mi	3/2.0	1,348 (-8%)	1mo	$216,000	$160	83
17259 Meadowbrook Dr	0.18mi	3/2.0	1,490 (+2%)	9mo	$219,000	$147	77
13709 Windwood Dr	0.08mi	3/2.0	1,604 (+10%)	2mo	$249,900	$156	74
13033 Oakberry Ln	0.25mi	3/2.0	1,476 (+1%)	13mo	$239,000	$162	71
13045 Oakberry Ln	0.23mi	3/2.0	1,565 (+7%)	5mo	$230,000	$147	68
13125 Tyler Cir	0.32mi	3/2.0	1,393 (-4%)	8mo	$225,000	$162	68
13005 Oakberry Ln	0.30mi	3/2.0	1,428 (-2%)	14mo	$235,000	$165	67
13109 Tyler Cir	0.32mi	3/2.0	1,374 (-6%)	6mo	$220,000	$160	67
17288 Meadowbrook Ln	0.16mi	3/2.0	1,616 (+11%)	15mo	$239,900	$148	58
13245 Meadowland Ct	0.28mi	3/2.0	1,622 (+11%)	12mo	$239,000	$147	54
17476 Inman Knoll Dr	0.64mi	4/2.0 (+1)	1,387 (-5%)	2mo	$259,900	$187	51
14160 John Clark Rd	0.74mi	2/2.0 (-1)	1,547 (+6%)	8mo	$200,000	$129	40

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: -7.3%
• Equity multiple: 0.72×
• Total profit: $-16,983
• Equity at exit: $32,206

10-year hold

• IRR: 6.3%
• Equity multiple: 1.54×
• Total profit: $32,848
• Equity at exit: $18,676

Cash invested: $60,480 (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: 763
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,865 medium
• Mortgage (P&I): −$1,133
• Tax from tax record: −$89 /mo · $1,062/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $162

Break-even live

Break-even rent $1,660

Max offer price $216,000

Occupancy floor 86%

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: $54,000
• Closing costs: $6,480
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17986 Restoration Cir Gulfport, MS	3.0	2.5	1730	$2,100	$1.21	14d	1	0.89mi
18137 Canal Junction Dr Gulfport, MS	3.0	2.0	1413	$1,750	$1.24	44d	1	1.02mi
11604 Caroline Ct Gulfport, MS	3.0	2.0	1660	$1,850	$1.11	44d	1	1.22mi
12237 Vada Dr Gulfport, MS	3.0	1.0	1350	$1,349	$1.00	14d	1	1.23mi

Listing history 16 events

1. 2026-04-23
   status Pending
2. 2026-04-21
   status Active
3. 2026-04-18
   status Pending
4. 2026-04-14
   listed $216,000 Active
5. 2021-12-27
   soldstatus
6. 2021-12-22
   soldstatus Closed 365-char remark

   Show marketing remark (365 chars)

   Investors special!! This home is currently tenant occupied until 3-31-22. The tenants pay $1,400 a month. This gorgeous home has it all including large kitchen with stainless steel appliances, big living room, high ceilings, spacious master bedroom, walk-in shower, and a soaking tub! The large fenced back yard has a covered patio that is perfect for entertaining!

7. 2021-11-10
   status Pending 365-char remark

   Show marketing remark (365 chars)

   Investors special!! This home is currently tenant occupied until 3-31-22. The tenants pay $1,400 a month. This gorgeous home has it all including large kitchen with stainless steel appliances, big living room, high ceilings, spacious master bedroom, walk-in shower, and a soaking tub! The large fenced back yard has a covered patio that is perfect for entertaining!

8. 2021-10-08
   listed $170,000 Active 365-char remark

   Show marketing remark (365 chars)

   Investors special!! This home is currently tenant occupied until 3-31-22. The tenants pay $1,400 a month. This gorgeous home has it all including large kitchen with stainless steel appliances, big living room, high ceilings, spacious master bedroom, walk-in shower, and a soaking tub! The large fenced back yard has a covered patio that is perfect for entertaining!

9. 2021-10-01
   historical
10. 2019-01-14
    listed $142,500
11. 2017-12-07
    historical
12. 2017-09-22
    listed $139,900
13. 2016-06-27
    soldstatus $139,900
14. 2016-06-24
    soldstatus
15. 2015-08-14
    listed $139,900
16. 2013-03-01
    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: $1,062 · $89/mo
• Projected year-2 tax: $1,706 · $142/mo
• Expected delta: +$644/yr (+$54/mo · 60.6%)

ⓘ 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 ≥108°F today · 21 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: $22,378
• − Mortgage interest: −$12,099
• − Property taxes: −$1,062
• − Insurance: −$1,080
• − Repairs & maintenance: −$1,790
• − Management: −$1,790
• − Depreciation: −$6,284
• Taxable loss: −$1,728
• Est. tax savings @ 24.0%: +$415
• After-tax cash flow: $2,358/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 — Lyman

• Score: 69/100
• State rank: #47
• US rank: #8189

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harrison County · 178,171 people
• 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

+54.4% since first listed

16 events — show timeline

• 2026-04-23 Pending — MLSU
• 2026-04-21 Relisted — MLSU
• 2026-04-18 Pending — MLSU
• 2026-04-14 Listed $216,000 MLSU
• 2021-12-27 Sold (Public Records) — Public Records
• 2021-12-22 Sold (MLS) — MLSU
• 2021-11-10 Pending — MLSU
• 2021-10-08 Listed $170,000 MLSU
• 2021-10-01 Listing Removed — MLSU
• 2019-01-14 Listed $142,500 MLSU
• 2017-12-07 Listing Removed — MLSU
• 2017-09-22 Listed $139,900 MLSU
• 2016-06-27 Sold (Public Records) $139,900 Public Records
• 2016-06-24 Sold (MLS) — MLSU
• 2015-08-14 Listed $139,900 MLSU
• 2013-03-01 Sold (Public Records) — Public Records

Property tax history

-7.0%/yr

Latest (2025): $1,062 · +5.5% YoY. Source: county tax records.