3408 Beachview Dr · Gulf Park Estates, MS 39564

$229,000

3 bd · 2.0 ba · 1,630 sqft · SingleFamily public records · 63 Days on market

Built 1978 0.51 ac lot $140/sqft · 10% below area Est $255k · 10% under

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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 +14.5/30.0
• ARV discount +12.1/15.0
• Schools +5.3/10.0
• DSCR +4.4/10.0
• 1% rule +4.0/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 3408 Beachview Drive, a beautifully maintained home set on a spacious half-acre lot just about 10 minutes from downtown Ocean Springs and located in a highly sought-after school district. This property is also not located in a flood zone, offering added peace of mind, along with a newer roof and newer HVAC system for long-term comfort and value. Where everyday living is all about convenience, connection, and enjoying the best of Mississippi Gulf Coast living, this 3 bedroom, 2 bathroom home offers a functional layout with a warm and welcoming feel throughout. The main living area features beautiful wood flooring, abundant natural light, and a stunning stone fireplace that creates a cozy focal point for gathering and relaxing. The kitchen is designed for both everyday use and entertaining, featuring rich wood cabinetry, ample counter space, stainless steel appliances, a breakfast bar with pendant lighting, and a dedicated space perfect for a coffee bar just off the kitchen. The seamless flow between the living, dining, and kitchen areas makes hosting guests or enjoying quiet evenings at home feel effortless. The bedrooms are comfortably sized, and the bathrooms are clean and well maintained with thoughtful updates that add to the home's overall appeal. Step outside to a large backyard surrounded by mature trees, offering privacy and room to spread out. The covered patio provides the perfect setting for outdoor dining, weekend gatherings, or simply enjoying the peaceful surroundings. A spacious driveway allows for plenty of parking. Daily routines are made easy with Ocean Springs Middle School just 3 minutes away and Ocean Springs High School only 5 minutes down the road. With quick access to I-10 and major roadways, commuting is convenient. Keesler Air Force Base is approximately 20 minutes away, NCBC Seabee Base about 35 minutes, and Stennis Space Center around 50 minutes. You are also just a short drive to the beach, as well as nearby shopping, dining, and everyday essentials. Spend weekends exploring local parks, scenic bayous, and outdoor spaces perfect for fishing, walking, and enjoying the coastal lifestyle. This home offers the ideal combination of space, location, updates, and true Gulf Coast charm.

Key facts

• Wood flooring
• Newer roof
• Stone fireplace

Tags

• HALF ACRE LOT
• NOT LOCATED IN A FLOOD ZONE
• NEWER ROOF
• NEWER HVAC SYSTEM
• WOOD FLOORING
• STONE FIREPLACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $49 ($588/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 $207k (9.8% below list).
• Recommended offer: $207k (9.8% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 5.2% in Gulf Park Estates — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 70/100 on livability (#43 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, health & safety D+, amenities F.
• Ocean Springs School District (suburban): math 64% / reading 59% proficiency, ranked #1 of 130 in MS (top 1%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.3%/yr); 714 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 516 units permitted in Jackson County in 2024 (6 in 5+ unit buildings).
• This rent runs 32% of the median local income ($79k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $206,523 (9.8% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.90% ✗
• Cap rate: 6.55%
• Cash-on-cash: 0.92%
• DSCR: 1.04
• GRM: 9.2

CMA / ARV

• ARV (median comp): $255,166
• List price: $229,000
• Delta: -10.25%
• 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
3212 N 5th St	0.23mi	3/2.0	1,641 (+1%)	0mo	$249,900	$152	88
3424 N 5th St	0.13mi	3/2.0	1,502 (-8%)	4mo	$245,000	$163	77
3717 Tangerine St	0.42mi	3/2.0	1,752 (+8%)	2mo	$250,000	$143	66
3300 N 9th St	0.20mi	3/2.0	1,858 (+14%)	2mo	$315,000	$170	66
3301 N 7th St	0.14mi	4/2.0 (+1)	1,829 (+12%)	6mo	$275,000	$150	63
3524 N 8th St	0.21mi	4/2.0 (+1)	1,835 (+13%)	2mo	$275,000	$150	63
2713 N 6th St	0.69mi	3/2.0	1,560 (-4%)	2mo	$205,000	$131	59
9220 Live Oak Ave	0.43mi	3/2.0	1,462 (-10%)	5mo	$239,900	$164	58
9321 Coconut Dr	0.38mi	3/3.0	1,836 (+13%)	1mo	$270,000	$147	56
9336 Ridgeview Dr	0.46mi	3/2.0	1,785 (+10%)	7mo	$380,000	$213	56
9504 Live Oak Ave	0.64mi	3/2.0	1,761 (+8%)	5mo	$224,900	$128	53
2804 Beachview Dr	0.62mi	4/2.5 (+1)	1,798 (+10%)	4mo	$235,000	$131	44

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.42×
• Total profit: $-37,412
• Equity at exit: $34,145

10-year hold

• IRR: -11.9%
• Equity multiple: 0.34×
• Total profit: $-42,134
• Equity at exit: $19,800

Cash invested: $64,120 (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 39564

• Home prices YoY: -26.8%
• Rents YoY: 1.3%
• Active inventory: 714
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,065 high
• Mortgage (P&I): −$1,201
• Tax est. 1.5%: −$286 /mo · $3,435/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $49

Break-even live

Break-even rent $2,003

Max offer price $229,000

Occupancy floor 93%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3305 N 8th St Ocean Springs, MS	4.0	2.0	1802	$2,250	$1.25	21d	1	0.14mi
8700 Spring Ave Ocean Springs, MS	3.0	2.0	1087	$1,050	$0.97	44d	1	0.73mi
8700 Spring Ave Ocean Springs, MS	3.0	2.0	1087	$1,050	$0.97	21d	1	0.73mi
106 Booth Cir Ocean Springs, MS	4.0	2.0	2100	$2,500	$1.19	13d	1	0.92mi
8712 W Simmons Bayou Dr Ocean Springs, MS	2.0	2.0	1100	$1,900	$1.73	43d	1	1.23mi

Listing history 19 events

1. 2026-06-14
   statusdays on market $229,000 Pending 63 DOM
2. 2026-06-13
   days on market $229,000 Active 62 DOM
3. 2026-06-10
   days on market $229,000 Active 60 DOM
4. 2026-06-09
   days on market $229,000 Active 59 DOM
5. 2026-06-08
   days on market $229,000 Active 58 DOM
6. 2026-06-07
   days on market $229,000 Active 57 DOM
7. 2026-06-02
   days on market $229,000 Active 52 DOM
8. 2026-06-01
   days on market $229,000 Active 51 DOM
9. 2026-05-31
   days on market $229,000 Active 50 DOM
10. 2026-05-30
    days on market $229,000 Active 49 DOM
11. 2026-05-08
    status Active 2277-char remark

    Show marketing remark (2277 chars)

    Welcome to 3408 Beachview Drive, a beautifully maintained home set on a spacious half-acre lot just about 10 minutes from downtown Ocean Springs and located in a highly sought-after school district. This property is also not located in a flood zone, offering added peace of mind, along with a newer roof and newer HVAC system for long-term comfort and value. Where everyday living is all about convenience, connection, and enjoying the best of Mississippi Gulf Coast living, this 3 bedroom, 2 bathroom home offers a functional layout with a warm and welcoming feel throughout. The main living area features beautiful wood flooring, abundant natural light, and a stunning stone fireplace that creates a cozy focal point for gathering and relaxing. The kitchen is designed for both everyday use and entertaining, featuring rich wood cabinetry, ample counter space, stainless steel appliances, a breakfast bar with pendant lighting, and a dedicated space perfect for a coffee bar just off the kitchen. The seamless flow between the living, dining, and kitchen areas makes hosting guests or enjoying quiet evenings at home feel effortless. The bedrooms are comfortably sized, and the bathrooms are clean and well maintained with thoughtful updates that add to the home's overall appeal. Step outside to a large backyard surrounded by mature trees, offering privacy and room to spread out. The covered patio provides the perfect setting for outdoor dining, weekend gatherings, or simply enjoying the peaceful surroundings. A spacious driveway allows for plenty of parking. Daily routines are made easy with Ocean Springs Middle School just 3 minutes away and Ocean Springs High School only 5 minutes down the road. With quick access to I-10 and major roadways, commuting is convenient. Keesler Air Force Base is approximately 20 minutes away, NCBC Seabee Base about 35 minutes, and Stennis Space Center around 50 minutes. You are also just a short drive to the beach, as well as nearby shopping, dining, and everyday essentials. Spend weekends exploring local parks, scenic bayous, and outdoor spaces perfect for fishing, walking, and enjoying the coastal lifestyle. This home offers the ideal combination of space, location, updates, and true Gulf Coast charm.

12. 2026-04-21
    historical 2277-char remark

    Show marketing remark (2277 chars)

    Welcome to 3408 Beachview Drive, a beautifully maintained home set on a spacious half-acre lot just about 10 minutes from downtown Ocean Springs and located in a highly sought-after school district. This property is also not located in a flood zone, offering added peace of mind, along with a newer roof and newer HVAC system for long-term comfort and value. Where everyday living is all about convenience, connection, and enjoying the best of Mississippi Gulf Coast living, this 3 bedroom, 2 bathroom home offers a functional layout with a warm and welcoming feel throughout. The main living area features beautiful wood flooring, abundant natural light, and a stunning stone fireplace that creates a cozy focal point for gathering and relaxing. The kitchen is designed for both everyday use and entertaining, featuring rich wood cabinetry, ample counter space, stainless steel appliances, a breakfast bar with pendant lighting, and a dedicated space perfect for a coffee bar just off the kitchen. The seamless flow between the living, dining, and kitchen areas makes hosting guests or enjoying quiet evenings at home feel effortless. The bedrooms are comfortably sized, and the bathrooms are clean and well maintained with thoughtful updates that add to the home's overall appeal. Step outside to a large backyard surrounded by mature trees, offering privacy and room to spread out. The covered patio provides the perfect setting for outdoor dining, weekend gatherings, or simply enjoying the peaceful surroundings. A spacious driveway allows for plenty of parking. Daily routines are made easy with Ocean Springs Middle School just 3 minutes away and Ocean Springs High School only 5 minutes down the road. With quick access to I-10 and major roadways, commuting is convenient. Keesler Air Force Base is approximately 20 minutes away, NCBC Seabee Base about 35 minutes, and Stennis Space Center around 50 minutes. You are also just a short drive to the beach, as well as nearby shopping, dining, and everyday essentials. Spend weekends exploring local parks, scenic bayous, and outdoor spaces perfect for fishing, walking, and enjoying the coastal lifestyle. This home offers the ideal combination of space, location, updates, and true Gulf Coast charm.

13. 2026-03-25
    listed $229,000 Active 2277-char remark

    Show marketing remark (2277 chars)

    Welcome to 3408 Beachview Drive, a beautifully maintained home set on a spacious half-acre lot just about 10 minutes from downtown Ocean Springs and located in a highly sought-after school district. This property is also not located in a flood zone, offering added peace of mind, along with a newer roof and newer HVAC system for long-term comfort and value. Where everyday living is all about convenience, connection, and enjoying the best of Mississippi Gulf Coast living, this 3 bedroom, 2 bathroom home offers a functional layout with a warm and welcoming feel throughout. The main living area features beautiful wood flooring, abundant natural light, and a stunning stone fireplace that creates a cozy focal point for gathering and relaxing. The kitchen is designed for both everyday use and entertaining, featuring rich wood cabinetry, ample counter space, stainless steel appliances, a breakfast bar with pendant lighting, and a dedicated space perfect for a coffee bar just off the kitchen. The seamless flow between the living, dining, and kitchen areas makes hosting guests or enjoying quiet evenings at home feel effortless. The bedrooms are comfortably sized, and the bathrooms are clean and well maintained with thoughtful updates that add to the home's overall appeal. Step outside to a large backyard surrounded by mature trees, offering privacy and room to spread out. The covered patio provides the perfect setting for outdoor dining, weekend gatherings, or simply enjoying the peaceful surroundings. A spacious driveway allows for plenty of parking. Daily routines are made easy with Ocean Springs Middle School just 3 minutes away and Ocean Springs High School only 5 minutes down the road. With quick access to I-10 and major roadways, commuting is convenient. Keesler Air Force Base is approximately 20 minutes away, NCBC Seabee Base about 35 minutes, and Stennis Space Center around 50 minutes. You are also just a short drive to the beach, as well as nearby shopping, dining, and everyday essentials. Spend weekends exploring local parks, scenic bayous, and outdoor spaces perfect for fishing, walking, and enjoying the coastal lifestyle. This home offers the ideal combination of space, location, updates, and true Gulf Coast charm.

14. 2017-07-21
    soldstatus 332-char remark

    Show marketing remark (332 chars)

    GOOD BONES!! Start here w/all Brick Ranch Home, 3 Bedrooms, 2 Full Baths, Updated Kitchen & Master Bathroom, Insulated Windows throughout, Ceramic Tile, Wood Laminate, Double lot, Manicured and Privacy Fence Back yard, Formal Dining room, Fireplace...Close to Ocean Springs Middle School, High School and Downtown Ocean Springs.

15. 2017-04-21
    listed $145,900 332-char remark

    Show marketing remark (332 chars)

    GOOD BONES!! Start here w/all Brick Ranch Home, 3 Bedrooms, 2 Full Baths, Updated Kitchen & Master Bathroom, Insulated Windows throughout, Ceramic Tile, Wood Laminate, Double lot, Manicured and Privacy Fence Back yard, Formal Dining room, Fireplace...Close to Ocean Springs Middle School, High School and Downtown Ocean Springs.

16. 2016-09-07
    historical
17. 2016-06-03
    listed $149,900
18. 2010-03-17
    soldstatus
19. 2010-01-07
    listed $94,800

ⓘ 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 3/10 Moderate FEMA zone X (shaded) · 12% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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: $24,783
• − Mortgage interest: −$12,828
• − Property taxes: −$3,435
• − Insurance: −$1,145
• − Repairs & maintenance: −$1,983
• − Management: −$1,983
• − Depreciation: −$6,662
• Taxable loss: −$3,252
• Est. tax savings @ 24.0%: +$780
• After-tax cash flow: $1,368/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: Ocean Springs School District
• NCES district ID: 2803360
• Math proficiency: 64% ▼ -3.00%
• Reading proficiency: 59% ▲ 1.00%
• Median HH income: $60,485
• Composite: 53.35/100
• National rank: #1477
• State rank: #1 of 130 in MS

Livability — Gulf Park Estates

• Score: 70/100
• State rank: #43
• US rank: #7955

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gulf Park Estates, MS
• County: Jackson County · 82,196 people
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 43,240
• Household income: $78,596
• Rent vs Own: 27.8% rent · 72.2% own
• Severe rent burden: 734.0

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 146,926 people
• By 2030: 148,442 · +1.0%
• By 2040: 149,631 · +1.8%
• By 2050: 148,723 · +1.2%
• By 2075: 147,845 · +0.6%
• By 2100: 144,510 · -1.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 10% Hispanic / Latino 8% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Lithuanian 5% Slovak 4% Romanian 2%
• Foreign-born: 5% · Canada, South Korea, Vietnam
• Languages at home: 93% English-only · Spanish 3% Vietnamese 2% Tagalog/Filipino 1%

Political lean MEDSL · Jackson

• 2024 margin: Solid R (+39.9) · D 29.5% · R 69.4% · Other 1.1%
• 2008→2024 swing: -6.4pp toward R · 2008: -33.5pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+34.6 2016: R+39.9 2012: R+36.1 2008: R+33.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.77%
• Current HPI: 204.2244
• Rent YoY: ▲ 1.31%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+141.6% since first listed

9 events — show timeline

• 2026-05-08 Relisted — MLSU
• 2026-04-21 Listing Removed — MLSU
• 2026-03-25 Listed $229,000 MLSU
• 2017-07-21 Sold (MLS) — MLSU
• 2017-04-21 Listed $145,900 MLSU
• 2016-09-07 Listing Removed — MLSU
• 2016-06-03 Listed $149,900 MLSU
• 2010-03-17 Sold (MLS) — MLSU
• 2010-01-07 Listed $94,800 MLSU

Property tax history

-6.4%/yr

Latest (2025): $360 · +0.7% YoY. Source: county tax records.