607 Temple Dr · Gulfport, MS 39503

$95,000

3 bd · 1.0 ba · 1,449 sqft · SingleFamily public records · 5 Days on market

Built 1980 9,147 sqft lot $66/sqft · 37% below area Est $152k · 37% 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 +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

Spacious home on a corner lot with newer stainless kitchen appliances. Double carport with a long concrete driveway can fit 6 cars. Lovely trees in the back yard provide privacy and shade. Not much is needed to finish the fencing. Inside the house just needs a fresh coat of paint, flooring and new light fixtures to get ready for new owners or to use as a rental. A great buy, don't wait too long or your miss out on this diamond in the rough.

Key facts

• Back yard
• Fencing
• Double carport

Tags

• CORNER LOT
• STAINLESS KITCHEN APPLIANCES
• DOUBLE CARPORT
• LONG CONCRETE DRIVEWAY
• BACK YARD
• FENCING

Property features AI

Finance

• HOA & community: Near entertainment; Street lights in the neighborhood

Exterior

• Parking: Attached carport; Covered carport; Driveway parking; Concrete surfaces; 2 carport spaces (6 parking spaces total)
• Security: Smoke detectors; Carbon monoxide detectors
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable available; Sewer connected; Water connected
• Home design: Single-family house; One level
• Construction: Brick veneer exterior; Slab foundation; Asphalt shingle roof (three-tab)
• Exterior features: Front porch; Patio; Partial backyard fence; Back yard fencing; City lot on a corner; Few trees in yard; Front yard

Interior

• Kitchen: Dishwasher (ENERGY STAR qualified); Refrigerator (ENERGY STAR qualified, free-standing); Free-standing electric range; Range hood
• Bedrooms: Primary bedroom; Bedroom 2; Bedroom 3
• Flooring: Carpet; Combination flooring; Vinyl
• Bathrooms: 2 full bathrooms (including a primary bathroom and a hall bathroom)
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric)
• Interior features: Breakfast bar; Laminate counters; Aluminum-framed windows; Deadbolt locks; Sliding doors; Storm doors; See remarks for additional exterior/interior details
• Laundry & utility: Laundry room with washer and electric dryer hookups; Washer hookup inside

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $534 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Cap rate 13.0% 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; 13 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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 $657 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 ~5 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.55% ✓
• Cap rate: 13.04%
• Cash-on-cash: 24.10%
• DSCR: 2.07
• GRM: 5.4

CMA / ARV

• ARV (median comp): $151,921
• List price: $95,000
• Delta: -37.47%
• 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
607 Temple Dr	0.00mi	3/2.0	1,450 (+0%)	1mo	$95,000	$66	95
502 Ramsey Ave	0.32mi	3/1.5	1,456 (+0%)	14mo	$172,000	$118	71
2513 Knox St	0.38mi	3/2.0	1,501 (+4%)	2mo	$174,900	$117	71
10604 E Bay Tree Dr	0.12mi	3/2.0	1,254 (-14%)	7mo	$169,995	$136	62
2607 W Stevens Cir	0.63mi	3/1.5	1,429 (-1%)	6mo	$139,000	$97	61
10766 E Bay Tree Dr	0.21mi	3/2.0	1,255 (-13%)	8mo	$145,000	$116	58
2412 Knox St	0.30mi	3/1.5	1,300 (-10%)	13mo	$160,000	$123	56
925 Sweetgum Dr	0.74mi	3/1.5	1,375 (-5%)	3mo	$105,000	$76	53
12343 Dedeaux Rd	0.74mi	2/1.0 (-1)	1,459 (+1%)	8mo	$139,900	$96	53
2627 W Angela Cir	0.69mi	3/1.5	1,278 (-12%)	2mo	$124,900	$98	44
13359 Chris Dr	0.57mi	3/2.5	1,300 (-10%)	9mo	$125,000	$96	43
2410 E Birch Dr	0.55mi	3/2.0	1,665 (+15%)	6mo	$199,000	$120	40

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: 21.7%
• Equity multiple: 1.93×
• Total profit: $24,803
• Equity at exit: $14,165

10-year hold

• IRR: 32.3%
• Equity multiple: 4.49×
• Total profit: $92,912
• Equity at exit: $8,214

Cash invested: $26,600 (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: 5.4×

Monthly cashflow live

• Estimated rent: $1,477 high
• Mortgage (P&I): −$498
• Tax from tax record: −$95 /mo · $1,135/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $534

Break-even live

Break-even rent $800

Max offer price $95,000

Occupancy floor 59%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10596 E Bay Tree Dr Gulfport, MS	2.0	2.0	1047	$1,200	$1.15	43d	1	0.15mi
13181 Warren Dr Gulfport, MS	3.0	2.0	1188	$1,375	$1.16	43d	1	0.20mi
10669 E Bay Tree Dr Gulfport, MS	3.0	2.0	1200	$1,425	$1.19	21d	1	0.21mi
13242 Warren Dr Gulfport, MS	2.0	2.0	1012	$1,100	$1.09	43d	1	0.30mi
11310 Fairfield Ln Gulfport, MS	3.0	2.0	1084	$1,625	$1.50	43d	1	0.83mi
12271 Dedeaux Rd Gulfport, MS	3.0	1.5	1462	$1,350	$0.92	43d	1	0.86mi
12062 Jessica Cir Gulfport, MS	3.0	2.0	1385	$1,700	$1.23	13d	1	0.94mi
11312 Jessica Dr Gulfport, MS	3.0	2.0	1092	$1,625	$1.49	21d	1	1.01mi
11200 Three Rivers Rd Gulfport, MS	3.0	2.0	1124	$1,445	$1.29	13d	1	1.24mi
11200 Three Rivers Rd Gulfport, MS	2.0	2.0	1042	$1,147	$1.10	43d	1	1.24mi
12147 Prudie Cir Gulfport, MS	3.0	2.0	1100	$975	$0.89	43d	1	1.26mi
12040 Highland Ave Gulfport, MS	3.0	2.0	1019	$950	$0.93	13d	1	1.29mi
1009 Michelle Dr Gulfport, MS	4.0	2.0	1254	$1,650	$1.32	43d	1	1.45mi

Listing history 2 events

1. 2026-05-04
   status Pending 444-char remark
2. 2026-04-29
   listed $95,000 Active 444-char remark

ⓘ 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: $1,135 · $95/mo
• Projected year-2 tax: $1,135 · $95/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 X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 23 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: $17,720
• − Mortgage interest: −$5,321
• − Property taxes: −$1,135
• − Insurance: −$475
• − Repairs & maintenance: −$1,418
• − Management: −$1,418
• − Depreciation: −$2,764
• Taxable income: $5,190
• Est. tax owed @ 24.0%: −$1,246
• After-tax cash flow: $5,165/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

4 events — show timeline

• 2026-05-27 Sold (Public Records) — Public Records
• 2026-05-27 Sold (MLS) — MLSU
• 2026-05-04 Pending — MLSU
• 2026-04-29 Listed $95,000 MLSU

Property tax history

-1.9%/yr

Latest (2025): $1,135 · +4.1% YoY. Source: county tax records.