211 Palmyra St · Long Beach, MS 39560

$199,000

4 bd · 2.0 ba · 1,363 sqft · SingleFamily public records · 126 Days on market

Built 1970 0.26 ac lot $146/sqft · 29% above area Est $189k · 5% over

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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 +20.8/30.0
• DSCR +6.6/10.0
• 1% rule +5.1/10.0
• ARV discount +5.1/15.0
• Schools +4.4/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in Daugherty Park subdivision, this 4-bedroom, 2-bath home is move-in ready and offers a layout that's both comfortable and practical for everyday living. Fresh paint, tile and LVP flooring throughout (no carpet). The living room, den with fireplace, and eat-in kitchen connect in a way that makes the home feel open without losing a sense of definition between spaces.The kitchen features granite countertops, stainless steel appliances, and a large walk-in pantry that provides excellent storage. You'll also find tiled bathrooms, a dedicated laundry room, and thoughtful storage throughout that adds to its functionality. The screened back porch and large fenced yard add usable outdoor space, and the metal roof offers long-term durability with minimal maintenance. Situated in Daugherty Park and convenient to local schools, shopping, and daily necessities, this home is ready for its next owner to step in and enjoy from day one. If you have been looking for a home that feels well cared for and easy to settle into, this one is worth seeing in person.

Key facts

• Fresh paint
• Tile flooring
• Eat-in kitchen

Tags

• FRESH PAINT
• TILE FLOORING
• LVP FLOORING
• DEN WITH FIREPLACE
• EAT-IN KITCHEN
• GRANITE COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $273 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $175k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.6% in Long Beach — 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 (#52 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Long Beach School District (suburban): math 52% / reading 50% proficiency, ranked #9 of 130 in MS (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.9%/yr); 311 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($70k/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

• It's been on market 126 days — a 12% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y ago; this cycle's ask has dropped $26k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $125k; list at $199k implies a 59% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.01% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.87%
• DSCR: 1.26
• GRM: 8.2

CMA / ARV

• ARV (median comp): $188,830
• List price: $199,000
• Delta: 5.39%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
217 Palmyra Dr	0.04mi	3/2.0 (-1)	1,401 (+3%)	8mo	$210,000	$150	82
100 Pampas Dr	0.08mi	3/2.0 (-1)	1,474 (+8%)	8mo	$199,000	$135	71
102 Jamaica St	0.32mi	3/2.0 (-1)	1,362 (-0%)	14mo	$210,000	$154	69
108 Pimlico St	0.39mi	3/1.5 (-1)	1,400 (+3%)	9mo	$163,000	$116	63
606 Saratoga Dr	0.22mi	3/1.5 (-1)	1,289 (-5%)	18mo	$178,000	$138	59
198 Mcguire Dr	0.60mi	3/2.0 (-1)	1,392 (+2%)	7mo	$159,900	$115	58
1114 Leigh St	0.36mi	3/2.0 (-1)	1,203 (-12%)	4mo	$177,500	$148	56
1004 Alverado Dr	0.28mi	3/1.5 (-1)	1,284 (-6%)	20mo	$169,900	$132	54
6067 Daugherty Rd	0.40mi	3/1.0 (-1)	1,256 (-8%)	11mo	$200,000	$159	50
701 Saratoga Dr	0.24mi	3/1.5 (-1)	1,174 (-14%)	19mo	$159,000	$135	43
5543 Daugherty Rd	0.73mi	3/1.0 (-1)	1,395 (+2%)	18mo	$139,000	$100	38
105 Mcguire Dr	0.74mi	3/2.0 (-1)	1,415 (+4%)	21mo	$209,000	$148	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 · 1.93% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.69×
• Total profit: $-17,038
• Equity at exit: $29,672

10-year hold

• IRR: -0.3%
• Equity multiple: 0.98×
• Total profit: $-1,121
• Equity at exit: $17,206

Cash invested: $55,720 (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 39560

• Home prices YoY: -25.7%
• Rents YoY: 1.9%
• Active inventory: 311
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,015 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$193 /mo · $2,317/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $273

Break-even live

Break-even rent $1,670

Max offer price $199,000

Occupancy floor 81%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
218 Alverado Dr Long Beach, MS	4.0	2.0	1586	$2,050	$1.29	13d	1	0.05mi
129 Quarles St Long Beach, MS	4.0	2.5	1652	$2,100	$1.27	13d	1	0.10mi
5596 Daugherty Rd Long Beach, MS	3.0	2.0	1144	$1,300	$1.14	13d	1	0.53mi
1033 Enclave Cir Long Beach, MS	4.0	2.0	1791	$2,250	$1.26	21d	1	1.28mi
18401 28th St Long Beach, MS	1.0–3.0	1.0–3.0	1034	$1,650	$1.60	13d	1	1.30mi

Listing history 20 events

1. 2026-06-10
   days on market $199,000 Active 126 DOM
2. 2026-06-09
   days on market $199,000 Active 125 DOM
3. 2026-06-08
   days on market $199,000 Active 124 DOM
4. 2026-06-07
   days on market $199,000 Active 123 DOM
5. 2026-06-05
   days on market $199,000 Active 120 DOM
6. 2026-06-02
   days on market $199,000 Active 118 DOM
7. 2026-06-01
   days on market $199,000 Active 117 DOM
8. 2026-05-31
   days on market $199,000 Active 116 DOM
9. 2026-05-30
   days on market $199,000 Active 115 DOM
10. 2026-04-22
    price $199,000 1076-char remark

    Show marketing remark (1076 chars)

    Located in Daugherty Park subdivision, this 4-bedroom, 2-bath home is move-in ready and offers a layout that's both comfortable and practical for everyday living. Fresh paint, tile and LVP flooring throughout (no carpet). The living room, den with fireplace, and eat-in kitchen connect in a way that makes the home feel open without losing a sense of definition between spaces.The kitchen features granite countertops, stainless steel appliances, and a large walk-in pantry that provides excellent storage. You'll also find tiled bathrooms, a dedicated laundry room, and thoughtful storage throughout that adds to its functionality. The screened back porch and large fenced yard add usable outdoor space, and the metal roof offers long-term durability with minimal maintenance. Situated in Daugherty Park and convenient to local schools, shopping, and daily necessities, this home is ready for its next owner to step in and enjoy from day one. If you have been looking for a home that feels well cared for and easy to settle into, this one is worth seeing in person.

11. 2026-03-05
    price $210,000 1076-char remark

    Show marketing remark (1076 chars)

    Located in Daugherty Park subdivision, this 4-bedroom, 2-bath home is move-in ready and offers a layout that's both comfortable and practical for everyday living. Fresh paint, tile and LVP flooring throughout (no carpet). The living room, den with fireplace, and eat-in kitchen connect in a way that makes the home feel open without losing a sense of definition between spaces.The kitchen features granite countertops, stainless steel appliances, and a large walk-in pantry that provides excellent storage. You'll also find tiled bathrooms, a dedicated laundry room, and thoughtful storage throughout that adds to its functionality. The screened back porch and large fenced yard add usable outdoor space, and the metal roof offers long-term durability with minimal maintenance. Situated in Daugherty Park and convenient to local schools, shopping, and daily necessities, this home is ready for its next owner to step in and enjoy from day one. If you have been looking for a home that feels well cared for and easy to settle into, this one is worth seeing in person.

12. 2026-02-04
    listed $225,000 Active 1076-char remark

    Show marketing remark (1076 chars)

    Located in Daugherty Park subdivision, this 4-bedroom, 2-bath home is move-in ready and offers a layout that's both comfortable and practical for everyday living. Fresh paint, tile and LVP flooring throughout (no carpet). The living room, den with fireplace, and eat-in kitchen connect in a way that makes the home feel open without losing a sense of definition between spaces.The kitchen features granite countertops, stainless steel appliances, and a large walk-in pantry that provides excellent storage. You'll also find tiled bathrooms, a dedicated laundry room, and thoughtful storage throughout that adds to its functionality. The screened back porch and large fenced yard add usable outdoor space, and the metal roof offers long-term durability with minimal maintenance. Situated in Daugherty Park and convenient to local schools, shopping, and daily necessities, this home is ready for its next owner to step in and enjoy from day one. If you have been looking for a home that feels well cared for and easy to settle into, this one is worth seeing in person.

13. 2020-11-09
    soldstatus
14. 2020-11-05
    soldstatus 715-char remark

    Show marketing remark (715 chars)

    Buyer & Buyer's agent to verify all info!!!! A Beautiful home in the sought out city of Long Beach. This home offers 4 Bedrooms with 2 Full Baths, Granite Counter tops, Cherry Cabinets, ceramic tile floors in all the main rooms. You can enjoy all 4 Seasons in this versatile home. You will love sitting by the Wood burning Fireplace in the Winter, Walk through the French doors that lead to a screened in back porch that you can enjoy in the Fall and Spring. and relax on the deck by the Above Ground pool all Summer long. A Large Pantry to store all your food staples and appliances. The large Laundry room will help doing your laundry a breeze. The 4th bedroom can easily be turned into an office or study.

15. 2020-09-18
    listed $154,000 715-char remark

    Show marketing remark (715 chars)

    Buyer & Buyer's agent to verify all info!!!! A Beautiful home in the sought out city of Long Beach. This home offers 4 Bedrooms with 2 Full Baths, Granite Counter tops, Cherry Cabinets, ceramic tile floors in all the main rooms. You can enjoy all 4 Seasons in this versatile home. You will love sitting by the Wood burning Fireplace in the Winter, Walk through the French doors that lead to a screened in back porch that you can enjoy in the Fall and Spring. and relax on the deck by the Above Ground pool all Summer long. A Large Pantry to store all your food staples and appliances. The large Laundry room will help doing your laundry a breeze. The 4th bedroom can easily be turned into an office or study.

16. 2014-05-21
    soldstatus $125,000
17. 2012-01-04
    soldstatus
18. 2011-07-01
    soldstatus
19. 2011-03-04
    listed $44,000
20. 2004-05-18
    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: $2,317 · $193/mo
• Projected year-2 tax: $2,317 · $193/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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: $24,184
• − Mortgage interest: −$11,147
• − Property taxes: −$2,317
• − Insurance: −$995
• − Repairs & maintenance: −$1,935
• − Management: −$1,935
• − Depreciation: −$5,789
• Taxable income: $67
• Est. tax owed @ 24.0%: −$16
• After-tax cash flow: $3,255/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: Long Beach School District
• NCES district ID: 2802670
• Math proficiency: 52% ▼ -8.00%
• Reading proficiency: 50% ▼ -7.00%
• Median HH income: $50,548
• Composite: 43.68/100
• National rank: #2955
• State rank: #9 of 130 in MS

Livability — Long Beach

• Score: 69/100
• State rank: #52
• US rank: #8554

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Long Beach, MS
• County: Harrison County · 178,171 people
• City population: 18,702
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 18,702
• Household income: $69,769
• Rent vs Own: 33.7% rent · 66.3% own
• Severe rent burden: 658.0

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: Predominantly White (80%)
• Race & ethnicity: White 80% Black 10% Two or more races 7% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 6% Slovak 2% Serbian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 2% Tagalog/Filipino 1%

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: ▼ -67.49%
• Current HPI: 195.0807
• Rent YoY: ▲ 1.93%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+352.3% since first listed

11 events — show timeline

• 2026-04-22 Price Changed $199,000 MLSU
• 2026-03-05 Price Changed $210,000 MLSU
• 2026-02-04 Listed $225,000 MLSU
• 2020-11-09 Sold (Public Records) — Public Records
• 2020-11-05 Sold (MLS) — MLSU
• 2020-09-18 Listed $154,000 MLSU
• 2014-05-21 Sold (Public Records) $125,000 Public Records
• 2012-01-04 Sold (Public Records) — Public Records
• 2011-07-01 Sold (MLS) — MLSU
• 2011-03-04 Listed $44,000 MLSU
• 2004-05-18 Sold (Public Records) — Public Records

Property tax history

+10.9%/yr

Latest (2025): $2,317 · +4.4% YoY. Source: county tax records.