13412 Windridge Dr · Gulfport, MS 39503

$96,300

3 bd · 1.0 ba · 1,212 sqft · SingleFamily public records · 264 Days on market

Built 1973 6,534 sqft lot $79/sqft · 36% below area Est $157k · 39% 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
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Rent growth +4.2/5.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom 2 bath fixer upper in a nice neighborhood with a fireplace and good roof. Nice corner lot but in AE Flood zone.

Key facts

• Good roof
• Corner lot
• Fireplace

Tags

• FIREPLACE
• GOOD ROOF
• CORNER LOT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $96k.

Deal economics

• At list price, monthly cash flow is $22 ($264/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $96k).
• Recommended offer: $85k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.9% 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.
• 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.
• Market conditions: Rents rising fast (+7.0%/yr); 763 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $666 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 + 7.0% rent growth), your $27k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 264 days — a 12% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 14y ago; this cycle's ask has dropped $11k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $27k; list at $96k implies a 257% gain — meaningful room to come down on a strong offer.

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 $84,744 (12.0% below list)

Questions for the listing agent

1. It's been on market 264 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 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.48% ✓
• Cap rate: 11.88%
• Cash-on-cash: 19.96%
• DSCR: 1.89
• GRM: 5.6

CMA / ARV

• ARV (median comp): $156,895
• List price: $96,300
• Delta: -38.62%
• 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
12294 Windward Dr	0.06mi	3/2.0	1,300 (+7%)	4mo	$170,000	$131	78
12376 Windward Cir	0.11mi	4/2.0 (+1)	1,212 (0%)	12mo	$191,000	$158	76
13437 Locust Hill Dr	0.16mi	3/2.0	1,188 (-2%)	14mo	$187,000	$157	74
13470 Windsong Dr	0.09mi	3/2.0	1,140 (-6%)	10mo	$160,000	$140	74
12297 Windward Dr	0.05mi	2/2.0 (-1)	1,096 (-10%)	8mo	$159,900	$146	66
322 Tandy Dr	0.69mi	3/1.0	1,253 (+3%)	7mo	$89,000	$71	56
12289 Breezeway Cir	0.17mi	3/2.0	1,390 (+15%)	14mo	$205,000	$147	52
12104 Three Rivers Rd	0.47mi	2/1.0 (-1)	1,064 (-12%)	2mo	$39,000	$37	51
14196 Maple Ct	0.75mi	3/2.0	1,250 (+3%)	12mo	$189,900	$152	46
12010 Harmony Cir	0.75mi	3/2.0	1,350 (+11%)	1mo	$219,000	$162	41
305 Lavelle Dr	0.66mi	3/2.0	1,050 (-13%)	3mo	$140,000	$133	41
201 Mary Dr	0.69mi	3/1.5	1,053 (-13%)	10mo	$170,000	$161	36

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: -7.5%
• Equity multiple: 0.71×
• Total profit: $-7,949
• Equity at exit: $14,359

10-year hold

• IRR: 8.6%
• Equity multiple: 1.84×
• Total profit: $22,641
• Equity at exit: $8,326

Cash invested: $26,964 (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: 5.6×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$505
• Tax from tax record: −$135 /mo · $1,617/yr
• Insurance: −$40
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $22

Break-even live

Break-even rent $1,400

Max offer price $96,300

Occupancy floor 93%

Sensitivity live

Price	-10% $76	-5% $49	+0% $22	+5% $-5	+10% $-33
Rent	-10% $-91	-5% $-34	+0% $22	+5% $78	+10% $135
Rate	-1.0pp $70	-0.5pp $46	base $22	+0.5pp $-3	+1.0pp $-28

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: $24,075
• Closing costs: $2,889
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12450 Three Rivers Rd Gulfport, MS	3.0	2.0	1098	$1,295	$1.18	44d	1	0.31mi
12147 Prudie Cir Gulfport, MS	3.0	2.0	1100	$975	$0.89	44d	1	0.53mi
13070 Tracewood Dr Gulfport, MS	3.0	2.0	1190	$1,400	$1.18	21d	1	0.55mi
12040 Highland Ave Gulfport, MS	3.0	2.0	1019	$950	$0.93	14d	1	0.56mi
14180 Oneal Rd Gulfport, MS	2.0	1.0	1000	$1,100	$1.10	44d	2	0.69mi
1009 Michelle Dr Gulfport, MS	4.0	2.0	1254	$1,650	$1.32	44d	1	1.06mi
125 Clarence Dr Gulfport, MS	3.0	2.0	1300	$1,500	$1.15	14d	1	1.16mi
11200 Three Rivers Rd Gulfport, MS	3.0	2.0	1124	$1,445	$1.29	14d	1	1.46mi
11200 Three Rivers Rd Gulfport, MS	2.0	2.0	1042	$1,147	$1.10	44d	1	1.46mi
13727 Fox Hill Dr Gulfport, MS	3.0	2.0	1388	$1,800	$1.30	44d	1	1.49mi

Listing history 30 events

1. 2026-06-18
   days on market $96,300 Active 264 DOM
2. 2026-06-17
   days on market $96,300 Active 263 DOM
3. 2026-06-16
   days on market $96,300 Active 262 DOM
4. 2026-06-15
   days on market $96,300 Active 261 DOM
5. 2026-06-14
   days on market $96,300 Active 259 DOM
6. 2026-06-13
   days on market $96,300 Active 258 DOM
7. 2026-06-10
   days on market $96,300 Active 256 DOM
8. 2026-06-09
   days on market $96,300 Active 255 DOM
9. 2026-06-08
   days on market $96,300 Active 254 DOM
10. 2026-06-07
    days on market $96,300 Active 253 DOM
11. 2026-06-02
    days on market $96,300 Active 248 DOM
12. 2026-06-01
    days on market $96,300 Active 247 DOM
13. 2026-05-31
    days on market $96,300 Active 246 DOM
14. 2026-05-30
    days on market $96,300 Active 245 DOM
15. 2026-04-30
    price $96,300 123-char remark

    Show marketing remark (123 chars)

    3 bedroom 2 bath fixer upper in a nice neighborhood with a fireplace and good roof. Nice corner lot but in AE Flood zone.

16. 2025-09-26
    listed $107,000 Active 123-char remark

    Show marketing remark (123 chars)

    3 bedroom 2 bath fixer upper in a nice neighborhood with a fireplace and good roof. Nice corner lot but in AE Flood zone.

17. 2023-11-15
    historical
18. 2023-01-11
    status Active
19. 2023-01-01
    historical
20. 2022-09-30
    price $100,000
21. 2022-08-30
    status Active
22. 2022-08-19
    historical
23. 2022-08-19
    listed $110,000 Active
24. 2021-10-01
    historical
25. 2021-10-01
    historical
26. 2019-12-06
    listed $94,218
27. 2014-01-10
    soldstatus $27,000
28. 2013-12-12
    soldstatus
29. 2013-08-30
    listed $45,000
30. 2012-03-04
    listed $60,000

ⓘ 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: $1,617 · $135/mo
• Projected year-2 tax: $1,617 · $135/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 4/10 Moderate FEMA zone AE · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 22 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: $17,140
• − Mortgage interest: −$5,394
• − Property taxes: −$1,617
• − Insurance: −$5,600
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − Depreciation: −$2,801
• Taxable loss: −$1,015
• Est. tax savings @ 24.0%: +$244
• After-tax cash flow: $507/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

+60.5% since first listed

16 events — show timeline

• 2026-04-30 Price Changed $96,300 MLSU
• 2025-09-26 Listed $107,000 MLSU
• 2023-11-15 Listing Removed — MLSU
• 2023-01-11 Relisted — MLSU
• 2023-01-01 Listing Removed — MLSU
• 2022-09-30 Price Changed $100,000 MLSU
• 2022-08-30 Relisted — MLSU
• 2022-08-19 Listed $110,000 MLSU
• 2022-08-19 Listing Removed — MLSU
• 2021-10-01 Listing Removed — MLSU
• 2021-10-01 Listing Removed — MLSU
• 2019-12-06 Listed $94,218 MLSU
• 2014-01-10 Sold (Public Records) $27,000 Public Records
• 2013-12-12 Sold (MLS) — MLSU
• 2013-08-30 Listed $45,000 MLSU
• 2012-03-04 Listed $60,000 MLSU

Property tax history

+1.9%/yr

Latest (2025): $1,617 · +4.2% YoY. Source: county tax records.