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1024 Walnut St
D- Composite 39.32
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 +14.1/30.0
  • Schools +5.3/10.0
  • DSCR +4.3/10.0
  • ARV discount +4.1/15.0
  • Livability +3.3/5.0
  • 1% rule +3.0/10.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$229,000

1024 Walnut St · Gautier, MS 39564
3 bd · 2.0 ba · 1,338 sqft · SingleFamily public records · 14 Days on market
Built 1999 0.77 ac lot Est $213k · 8% over ↓ 13% since listing

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

Listing remarks MLS

Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

Key facts

  • Custom cabinetry
  • Open-concept kitchen
  • Primary suite

Tags

OPEN-CONCEPT KITCHENGRANITE COUNTERTOPSCUSTOM CABINETRYDINING AREA WITH BALCONYOAK TONGUE-AND-GROOVE FLOORINGPRIMARY SUITE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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 $-394 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $159k (30.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (20.4% below list).
  • Recommended offer: $159k (30.4% below list) — sets the bar for cash-flow.
  • Cap rate 6.5% vs local median 4.2% in Gautier — 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 66/100 on livability (#89 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D+, employment 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.
  • Zoned schools: Pecan Park Elementary School (math 62% / reading 57%, grade B-, #27 of 375 statewide, top 8%, 530 students, 99% FRL); Ocean Springs Upper Elementary Scho (math 59% / reading 56%, grade B, #12 of 179 statewide, top 6%, 1,332 students, 100% FRL); Ocean Springs High School (math 77% / reading 64%, grade B+, #1 of 197 statewide, top 0%, 1,899 students, 100% FRL) — zoned schools average 100% FRL vs 33% district-wide (67 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.3%/yr); 723 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).

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

  • Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts 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

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $159,333 (30.4% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. 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?
  6. 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.
  7. 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.
  8. 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
0.80%
Cap rate
6.46%
Cash-on-cash
0.60%
DSCR
1.03
GRM
10.5

CMA / ARV

ARV (on-the-fly)
$212,742
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1028 Main Street St 0.08mi 3/2.0 1,345 (+0%) 12mo $230,000 $171 85
1129 Pine St 0.25mi 3/2.0 1,432 (+7%) 1mo $245,000 $171 76
1321 Oak St 0.32mi 3/2.0 1,252 (-6%) 6mo $199,000 $159 69
716 Plum St 0.59mi 3/2.0 1,335 (-0%) 8mo $229,000 $172 66
1131 Oak St 0.32mi 3/2.0 1,200 (-10%) 3mo $193,900 $162 65
1508 Brown St 0.49mi 2/2.0 (-1) 1,295 (-3%) 8mo $199,900 $154 60
797 Peach St 0.58mi 2/2.0 (-1) 1,414 (+6%) 2mo $289,000 $204 57
1225 Oak St 0.30mi 3/2.0 1,495 (+12%) 13mo $194,500 $130 55
1321 Willow St 0.31mi 3/2.0 1,534 (+15%) 9mo $190,000 $124 53
6805 Oakhurst Dr 0.70mi 3/2.0 1,369 (+2%) 13mo $215,000 $157 52
1005 Oak St 0.46mi 3/2.0 1,186 (-11%) 13mo $171,000 $144 48
1024 Sycamore St 0.73mi 3/2.0 1,273 (-5%) 12mo $162,500 $128 48

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
-31.3%
Equity multiple
-0.02×
Total profit
$-65,092
Equity at exit
$34,145
10-year hold
IRR
-47.0%
Equity multiple
-0.57×
Total profit
$-100,379
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.

ZIP-level market 39564

Home prices YoY
-26.8%
Rents YoY
1.3%
Active inventory
723
Price-to-rent
10.5×

Monthly cashflow live

Estimated rent
$1,824 high interval (Pro) →
Mortgage (P&I)
$1,201
Tax from tax record
$112 /mo · $1,346/yr
Insurance
$95
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$383
Net cashflow
$-394

Break-even live

Break-even rent $2,323
Max offer price $159,333
Occupancy floor

Sensitivity live

Price -10% $-265 -5% $-330 +0% $-394 +5% $-459 +10% $-524
Rent -10% $-538 -5% $-466 +0% $-394 +5% $-322 +10% $-250
Rate -1.0pp $-279 -0.5pp $-336 base $-394 +0.5pp $-454 +1.0pp $-514

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

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1105 Spruce St Ocean Springs, MS 3.0 2.0 1130 $1,550 $1.37 15d 1 0.17mi
1608 Hunt St Ocean Springs, MS 3.0 2.0 1550 $1,700 $1.10 45d 1 0.53mi
413 Sturnidae Cv Ocean Springs, MS 3.0 2.0 1676 $1,900 $1.13 46d 1 0.65mi
8001 Westwood Cir Ocean Springs, MS 3.0–5.0 2.0–3.0 1996 $2,000 $1.00 15d 1 1.43mi
1632 Emerald Lakes Dr Ocean Springs, MS 3.0–4.0 2.0 1585 $1,975 $1.25 15d 1 1.45mi

Listing history 13 events

  1. 2026-02-28
    status Pending
  2. 2026-02-14
    listed $229,000 Active
  3. 2025-11-14
    soldstatus Closed 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  4. 2025-10-23
    status Pending 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  5. 2025-09-03
    price $239,900 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  6. 2025-08-26
    status Active 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  7. 2025-07-18
    status Pending 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  8. 2025-07-12
    price $244,900 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  9. 2025-07-07
    price $247,500 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  10. 2025-06-29
    price $249,900 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  11. 2025-06-23
    price $252,900 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  12. 2025-04-23
    listed $262,900 Active 1282-char remark
    Show marketing remark (1282 chars)

    Don't miss out on this stunning two-story home located in Ocean Springs, set on approximately half an acre. This property boasts an impressive array of luxury upgrades. Upstairs, you'll find a large open kitchen with beautiful granite countertops and custom cabinets. The spacious dining area opens up to a cozy second-story balcony, perfect for enjoying pre-dinner appetizers and drinks. Throughout the kitchen, dining area, and den, there are 3/4'' oak tongue-and-groove floors. The master bedroom features an ensuite bathroom complete with a jacuzzi tub, double pedestal sinks, a walk-in shower, and ceramic flooring, all beneath 10-foot ceilings. Downstairs, there is a large family room with a half bath, ideal for entertaining guests or enjoying a cozy movie night. Two generously sized bedrooms with a Jack and Jill bathroom are conveniently located off the family room. The floors in each bedroom and the staircase are covered with beautiful, neutral carpet. The 30-foot covered porch off the living room overlooks the expansive wooded grounds, providing the perfect space for holiday decorations and seasonal gatherings. Additional features include ample built-in storage, a double HVAC system for efficient climate control on both floors, and a tankless water heater.

  13. 2023-01-23
    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
$1,346 · $112/mo
Projected year-2 tax
$1,809 · $151/mo
Expected delta
+$463/yr (+$39/mo · 34.4%)

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

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,884
− Mortgage interest
−$12,828
− Property taxes
−$1,346
− Insurance
−$6,264
− Repairs & maintenance
−$1,751
− Management
−$1,751
− Depreciation
−$6,662
Taxable loss
−$8,717
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,092
After-tax cash flow
$-2,640/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 — Gautier

Score
66/100
State rank
#89
US rank
#11250

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Jackson County · 82,196 people
City population
17,225
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

-12.9% since first listed
13 events — show timeline
  • 2026-02-28 Pending MLSU
  • 2026-02-14 Listed $229,000 MLSU
  • 2025-11-14 Sold (MLS) MLSU
  • 2025-10-23 Pending MLSU
  • 2025-09-03 Price Changed $239,900 MLSU
  • 2025-08-26 Relisted MLSU
  • 2025-07-18 Pending MLSU
  • 2025-07-12 Price Changed $244,900 MLSU
  • 2025-07-07 Price Changed $247,500 MLSU
  • 2025-06-29 Price Changed $249,900 MLSU
  • 2025-06-23 Price Changed $252,900 MLSU
  • 2025-04-23 Listed $262,900 MLSU
  • 2023-01-23 Sold (Public Records) Public Records

Property tax history

+6.0%/yr

Latest (2025): $1,346 · +6.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…