3304 W Railroad St · Gulfport, MS 39501

$89,900

3 bd · 1.0 ba · 1,244 sqft · SingleFamily public records · 39 Days on market

Built 1900 4,356 sqft lot $72/sqft · 44% below area Est $161k · 44% under

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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 +15.0/15.0
• 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

Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

Key facts

• Profitable flip
• Upside potential
• Fixer-upper

Tags

• FIXER-UPPER
• HIGH-DEMAND SHORT-TERM RENTAL
• LONG-TERM INCOME PROPERTY
• PROFITABLE FLIP
• UPSIDE POTENTIAL

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $486 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.8% 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; 17 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• At $1,360/mo this rent would consume 47% 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $20k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• 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 $87,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.51% ✓
• Cap rate: 12.79%
• Cash-on-cash: 23.19%
• DSCR: 2.03
• GRM: 5.5

CMA / ARV

• ARV (median comp): $161,168
• List price: $89,900
• Delta: -44.22%
• 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
1108 37th Ave	0.27mi	3/2.0	1,267 (+2%)	5mo	$220,000	$174	76
1310 36th Ave	0.19mi	2/2.0 (-1)	1,286 (+3%)	3mo	$175,000	$136	74
1408 36th Ave	0.21mi	2/2.0 (-1)	1,220 (-2%)	10mo	$162,000	$133	69
3416 11th St	0.18mi	2/1.0 (-1)	1,321 (+6%)	10mo	$217,000	$164	68
1426 33rd Ave	0.12mi	2/1.0 (-1)	1,105 (-11%)	8mo	$225,000	$204	64
3607 Park Blvd	0.32mi	2/2.0 (-1)	1,340 (+8%)	2mo	$189,900	$142	62
915 39th Ave	0.47mi	2/1.0 (-1)	1,288 (+4%)	7mo	$275,000	$214	61
914 39th Ave	0.45mi	3/2.0	1,300 (+4%)	9mo	$300,000	$231	60
4114 Central St	0.68mi	3/2.0	1,310 (+5%)	2mo	$354,000	$270	53
1705 Oleander Ave	0.35mi	2/3.0 (-1)	1,380 (+11%)	6mo	$176,500	$128	47
2116 31st Ave	0.66mi	3/2.0	1,359 (+9%)	7mo	$65,000	$48	44
1521 42nd Ave	0.62mi	3/2.0	1,100 (-12%)	13mo	$190,000	$173	37

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: 21.6%
• Equity multiple: 1.94×
• Total profit: $23,600
• Equity at exit: $13,404

10-year hold

• IRR: 32.7%
• Equity multiple: 4.70×
• Total profit: $93,149
• Equity at exit: $7,773

Cash invested: $25,172 (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: 5.5×

Monthly cashflow live

• Estimated rent: $1,360 high
• Mortgage (P&I): −$471
• Tax from tax record: −$79 /mo · $946/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $486

Break-even live

Break-even rent $744

Max offer price $89,900

Occupancy floor 59%

Sensitivity live

Price	-10% $537	-5% $512	+0% $486	+5% $461	+10% $436
Rent	-10% $379	-5% $433	+0% $486	+5% $540	+10% $594
Rate	-1.0pp $532	-0.5pp $509	base $486	+0.5pp $463	+1.0pp $439

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3305 12th St Gulfport, MS	2.0	1.5	1100	$1,295	$1.18	44d	1	0.09mi
1106 32nd Ave Gulfport, MS	3.0	2.0	1200	$1,300	$1.08	44d	1	0.17mi
1513 34th Ave Gulfport, MS	2.0	2.0	884	$1,250	$1.41	44d	1	0.20mi
3633 Southward Dr Gulfport, MS	2.0	2.0	900	$1,000	$1.11	44d	1	0.32mi
2068 W Beach Blvd Biloxi, MS	1.0–3.0	1.0–2.0	998	$1,700	$1.70	14d	1	0.51mi
1221 42nd Ave Gulfport, MS	3.0	1.0	1000	$1,400	$1.40	44d	1	0.58mi
4319 Lewis St Gulfport, MS	3.0	2.0	1371	$1,649	$1.20	14d	1	0.86mi
2414 34th Ave Gulfport, MS	2.0	1.0	912	$1,125	$1.23	22d	1	0.87mi
4409 Ford St Gulfport, MS	2.0	1.0	1000	$1,500	$1.50	44d	1	0.93mi
1822 15th St Gulfport, MS	2.0	2.0	1100	$1,900	$1.73	44d	1	1.05mi
1412 Jo Ellen Cir Gulfport, MS	3.0	1.5	1275	$1,050	$0.82	14d	1	1.36mi
1206 Beach Ave Gulfport, MS	3.0	2.0	1076	$1,500	$1.39	14d	1	1.36mi
2227 17th Ave Gulfport, MS	2.0	1.0	1000	$850	$0.85	44d	1	1.37mi
2207 16th Ave Gulfport, MS	2.0	1.0	1325	$1,425	$1.08	14d	1	1.41mi
1605 20th St Gulfport, MS	3.0	3.0	1350	$1,095	$0.81	44d	1	1.41mi
1511 2nd St Gulfport, MS	3.0	1.5	1030	$2,000	$1.94	44d	1	1.45mi
2317 30th St Gulfport, MS	2.0	1.0	1164	$2,150	$1.85	22d	1	1.48mi

Listing history 11 events

1. 2026-06-18
   days on market $89,900 Active 39 DOM
2. 2026-06-18
   status $89,900 Active 38 DOM
3. 2026-05-18
   status Pending 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

4. 2026-05-13
   price $89,900 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

5. 2026-05-08
   status Active 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

6. 2026-05-04
   status Pending 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

7. 2026-04-29
   price $94,900 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

8. 2026-04-06
   listed $109,900 Active 419-char remark

   Show marketing remark (419 chars)

   Prime investment opportunity! This fixer-upper is priced for value-add and positioned for strong ROI. Located near the beaches, within walking distance to the casino, and minutes from major entertainment, this property is ideal for a high-demand short-term rental, long-term income property, or profitable flip. Don't miss the chance to capitalize on location and upside potential. AS IS - Schedule your showing today !

9. 2010-12-22
   soldstatus
10. 2010-12-20
    soldstatus 261-char remark

    Show marketing remark (261 chars)

    Buyers agent to receive a 1500.00 selling bonus if closed by 12/31/2010. Buyers agent to receive a 1500.00 selling bonus if closed by 12/31/2010 for owner occupant purchases.Property has multiple offers. All agents to submit highest and best by 12/02/2010 @ 3pm

11. 2010-11-29
    listed $29,900 261-char remark

    Show marketing remark (261 chars)

    Buyers agent to receive a 1500.00 selling bonus if closed by 12/31/2010. Buyers agent to receive a 1500.00 selling bonus if closed by 12/31/2010 for owner occupant purchases.Property has multiple offers. All agents to submit highest and best by 12/02/2010 @ 3pm

ⓘ 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: $946 · $79/mo
• Projected year-2 tax: $946 · $79/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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,316
• − Mortgage interest: −$5,036
• − Property taxes: −$946
• − Insurance: −$450
• − Repairs & maintenance: −$1,305
• − Management: −$1,305
• − Depreciation: −$2,615
• Taxable income: $4,659
• Est. tax owed @ 24.0%: −$1,118
• After-tax cash flow: $4,719/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

+200.7% since first listed

9 events — show timeline

• 2026-05-18 Pending — MLSU
• 2026-05-13 Price Changed $89,900 MLSU
• 2026-05-08 Relisted — MLSU
• 2026-05-04 Pending — MLSU
• 2026-04-29 Price Changed $94,900 MLSU
• 2026-04-06 Listed $109,900 MLSU
• 2010-12-22 Sold (Public Records) — Public Records
• 2010-12-20 Sold (MLS) — MLSU
• 2010-11-29 Listed $29,900 MLSU

Property tax history

+1.4%/yr

Latest (2025): $946 · +4.5% YoY. Source: county tax records.