15425 Woody Dr · Gulfport, MS 39503

$189,900

3 bd · 1.0 ba · 1,101 sqft · SingleFamily public records · 81 Days on market

Built 1980 10,018 sqft lot Est $132k · 44% over

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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 +14.6/30.0
• DSCR +4.5/10.0
• Rent growth +4.2/5.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This precious 4 beds 2 baths home has been totally remodeled. Here is your opportunity to put some loves to this cute little home. Brand new AC, water heater, sidings, floorings, kitchen, appliances, bathrooms with bluetooth activated vent fan speaker, fan and light fixtures, interior doors including a beautiful barndoor to the laundry room. Large covered patio overlooking garden style backyard. You will find lots of pretty flowers when Spring come! Come with a large storage building for extra storage too! Fenced backyard.

Key facts

• Large covered porch
• Private back yard
• 0.23 acre lot

Tags

• LARGE COVERED PORCH
• PRIVATE BACK YARD
• OPEN CONCEPT LIVING AREA

Property features AI

Finance

• HOA & community: Near entertainment

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity connected; Water connected
• Home design: Single-family house; One story; Slab foundation
• Construction: Brick veneer and siding exterior; Architectural shingle roof; Built date from public records
• Exterior features: Patio; Private yard; Front yard fencing; Garden

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Oven
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (Electric and Natural Gas); Central air conditioning (Electric)
• Interior features: Ceiling fans; Stone countertops

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $46 ($548/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 $152k (20.2% below list).
• Recommended offer: $152k (20.2% below list) — sets the bar for 1% rule.
• Cap rate 6.6% 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: amenities F, commute F, employment 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: Three Rivers Elementary (math 37% / reading 46%, grade F, #113 of 375 statewide, top 31%, 498 students, 99% 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; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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).

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 81 days — a 6% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $151,559 (20.2% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 6.58%
• Cash-on-cash: 1.03%
• DSCR: 1.05
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $132,120
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15114 Sagewood St	0.69mi	3/2.0	1,248 (+13%)	21mo	$150,000	$120	24

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: -10.8%
• Equity multiple: 0.59×
• Total profit: $-21,609
• Equity at exit: $28,315

10-year hold

• IRR: 2.9%
• Equity multiple: 1.24×
• Total profit: $12,820
• Equity at exit: $16,419

Cash invested: $53,172 (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 39503

• Home prices YoY: -21.5%
• Rents YoY: 7.0%
• Active inventory: 763
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,516 high
• Mortgage (P&I): −$996
• Tax from tax record: −$77 /mo · $920/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $46

Break-even live

Break-even rent $1,458

Max offer price $189,900

Occupancy floor 92%

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15235 Oneal Rd Gulfport, MS	2.0	2.0	1101	$1,200	$1.09	13d	1	0.38mi
15251 Parkwood Dr N Gulfport, MS	3.0	2.5	1200	$1,200	$1.00	43d	1	0.46mi
12237 Vada Dr Gulfport, MS	3.0	1.0	1350	$1,349	$1.00	13d	1	1.01mi
15373 Saint Charles St Gulfport, MS	3.0	1.0–3.0	1075	$1,350	$1.26	43d	2	1.03mi
14180 Oneal Rd Gulfport, MS	2.0	1.0	1000	$1,100	$1.10	43d	2	1.37mi
11502 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	21d	1	1.43mi
11487 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.47mi
11405 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.47mi
11413 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	43d	1	1.47mi
11425 Camden Court Cir Gulfport, MS	3.0	2.0	1495	$1,775	$1.19	21d	1	1.47mi
125 Clarence Dr Gulfport, MS	3.0	2.0	1300	$1,500	$1.15	13d	1	1.48mi

Listing history 14 events

1. 2026-06-07
   statusdays on market $189,900 Pending 81 DOM
2. 2026-06-02
   days on market $189,900 Active 80 DOM
3. 2026-06-01
   days on market $189,900 Active 79 DOM
4. 2026-05-31
   days on market $189,900 Active 78 DOM
5. 2026-05-30
   days on market $189,900 Active 77 DOM
6. 2026-05-01
   status Pending
7. 2026-04-27
   status Active
8. 2026-04-13
   status Pending
9. 2026-04-08
   price $189,900
10. 2026-02-04
    listed $199,900 Active
11. 2021-03-12
    soldstatus
12. 2021-02-26
    soldstatus 528-char remark

    Show marketing remark (528 chars)

    This precious 4 beds 2 baths home has been totally remodeled. Here is your opportunity to put some loves to this cute little home. Brand new AC, water heater, sidings, floorings, kitchen, appliances, bathrooms with bluetooth activated vent fan speaker, fan and light fixtures, interior doors including a beautiful barndoor to the laundry room. Large covered patio overlooking garden style backyard. You will find lots of pretty flowers when Spring come! Come with a large storage building for extra storage too! Fenced backyard.

13. 2021-01-07
    listed $146,888 528-char remark

    Show marketing remark (528 chars)

    This precious 4 beds 2 baths home has been totally remodeled. Here is your opportunity to put some loves to this cute little home. Brand new AC, water heater, sidings, floorings, kitchen, appliances, bathrooms with bluetooth activated vent fan speaker, fan and light fixtures, interior doors including a beautiful barndoor to the laundry room. Large covered patio overlooking garden style backyard. You will find lots of pretty flowers when Spring come! Come with a large storage building for extra storage too! Fenced backyard.

14. 2020-03-20
    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: $920 · $77/mo
• Projected year-2 tax: $1,500 · $125/mo
• Expected delta: +$581/yr (+$48/mo · 63.1%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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: $18,187
• − Mortgage interest: −$10,637
• − Property taxes: −$920
• − Insurance: −$950
• − Repairs & maintenance: −$1,455
• − Management: −$1,455
• − Depreciation: −$5,524
• Taxable loss: −$2,754
• Est. tax savings @ 24.0%: +$661
• After-tax cash flow: $1,209/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 — 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): 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

+29.3% since first listed

9 events — show timeline

• 2026-05-01 Pending — MLSU
• 2026-04-27 Relisted — MLSU
• 2026-04-13 Pending — MLSU
• 2026-04-08 Price Changed $189,900 MLSU
• 2026-02-04 Listed $199,900 MLSU
• 2021-03-12 Sold (Public Records) — Public Records
• 2021-02-26 Sold (MLS) — MLSU
• 2021-01-07 Listed $146,888 MLSU
• 2020-03-20 Sold (Public Records) — Public Records

Property tax history

-0.2%/yr

Latest (2025): $920 · +5.7% YoY. Source: county tax records.