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1180 Century Oaks Dr Unit B
C- Composite 54.27
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).

  • ARV discount +15.0/15.0
  • Cash flow +14.2/30.0
  • 1% rule +5.1/10.0
  • Schools +4.8/10.0
  • DSCR +4.3/10.0
  • Condition / age +3.8/5.0
  • Livability +3.7/5.0
  • Rent growth +3.6/5.0
  • Appreciation +0.0/10.0

$189,000

1180 Century Oaks Dr Unit B · Gulfport, MS 39507
3 bd · 3.0 ba · 1,156 sqft · Condo · 115 Days on market
Built 2007 Good condition $163/sqft · 26% below area Est $255k · 26% under $165/mo HOA · 9% of rent ↓ 5% since listing

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

Listing remarks MLS

Fannie Mae homepath property, may be purchased for as little at 3% down, see homepath.com for details. Nice townhome, good condition, close to the beach, appliances incl washer/dryer, granite counters, Great opportunity. Owner occupant offers only thru 1/10/11.

Key facts

  • Gated community
  • Community pool
  • Beachside boardwalk

Tags

GATED COMMUNITYCOMMUNITY POOLBEACHSIDE BOARDWALK

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath condo listed at $189k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $30 ($363/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $189k).
  • Recommended offer: $172k (9.0% below list) — sets the bar for market timing.
  • Cap rate 6.5% vs local median 5.2% in Gulfport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
  • Gulfport School District (urban): math 41% / reading 42% proficiency, ranked #37 of 130 in MS (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Anniston Avenue Elementary School (math 52% / reading 53%, grade C-, #53 of 375 statewide, top 14%, 535 students, 100% FRL); Bayou View Middle School (math 54% / reading 49%, grade C, #27 of 179 statewide, top 16%, 826 students, 100% FRL); Gulfport High School (math 42% / reading 36%, grade F, #54 of 197 statewide, top 28%, 1,728 students, 100% FRL) — zoned schools average 100% FRL vs 67% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+4.3%/yr); 357 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% 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).
  • This rent runs 42% of the median local income ($55k/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 115 days — a 9% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 20y ago 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

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $171,990 (9.0% below list)

Questions for the listing agent

  1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.01%
Cap rate
6.48%
Cash-on-cash
0.69%
DSCR
1.03
GRM
8.3

CMA / ARV

ARV (median comp)
$255,111
List price
$189,000
Delta
-25.91%
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
1121 Century Oaks Dr Unit C 0.05mi 3/3.0 1,314 (+14%) 3mo $189,000 $144 72
1085 Township Rd 0.08mi 3/2.5 1,425 (+23%) 3mo $350,000 $246 67
760 Hunters Glen Ln 0.17mi 3/1.5 1,000 (-14%) 2mo $183,990 $184 62
1200 Beach Dr #503 0.23mi 2/2.0 (-1) 1,277 (+10%) 3mo $299,000 $234 60
1321 Foxwood Pl 1.40mi 2/2.5 (-1) 1,162 (+0%) 1mo $149,000 $128 57
1322 Foxwood Pl 1.42mi 2/2.5 (-1) 1,162 (+0%) 2mo $120,000 $103 55
2228 Beach Dr #704 1.50mi 2/2.0 (-1) 1,164 (+1%) 2mo $339,900 $292 53
654 Tegarden Rd 0.69mi 3/2.0 1,225 (+6%) 2mo $221,900 $181 53
38 30th St 1.11mi 3/1.0 1,251 (+8%) 2mo $135,000 $108 42
14 Independence Dr #14 0.55mi 2/1.5 (-1) 1,311 (+13%) 3mo $165,000 $126 39
19 31st St 0.98mi 3/1.0 1,287 (+11%) 1mo $186,500 $145 37
1325 Harrison Rd 1.47mi 2/2.0 (-1) 1,357 (+17%) 2mo $169,900 $125 29

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 · 4.26% rent growth · sell at horizon

5-year hold
IRR
-13.6%
Equity multiple
0.51×
Total profit
$-26,132
Equity at exit
$28,181
10-year hold
IRR
-2.5%
Equity multiple
0.82×
Total profit
$-9,478
Equity at exit
$16,341

Cash invested: $52,920 (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 39507

Home prices YoY
-27.1%
Rents YoY
4.3%
Active inventory
357
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$1,900 high interval (Pro) →
Mortgage (P&I)
$991
Tax est. 1.5%
$236 /mo · $2,835/yr
Insurance
$79
HOA
$165
Vacancy / Maint / Mgmt
$399
Net cashflow
$30

Break-even live

Break-even rent $1,862
Max offer price $189,000
Occupancy floor 93%

Sensitivity live

Price -10% $161 -5% $96 +0% $30 +5% $-35 +10% $-100
Rent -10% $-120 -5% $-45 +0% $30 +5% $105 +10% $180
Rate -1.0pp $125 -0.5pp $78 base $30 +0.5pp $-19 +1.0pp $-69

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
$47,250
Closing costs
$5,670
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1270 Century Oaks Dr Gulfport, MS 3.0 3.0 1158 $1,950 $1.68 93d 1 0.03mi
1131 Century Oaks Dr Gulfport, MS 3.0 3.0 1156 $1,800 $1.56 93d 1 0.03mi
1100 Century Oaks Dr Unit A Gulfport, MS 3.0 3.0 1156 $2,200 $1.90 93d 1 0.04mi
1276 Century Oaks Dr Gulfport, MS 3.0 3.0 1283 $2,100 $1.64 93d 1 0.04mi
1101 Century Oaks Dr Gulfport, MS 3.0 3.0 1330 $1,700 $1.28 93d 1 0.05mi
1229 Century Oaks Dr Gulfport, MS 3.0 3.0 1200 $2,600 $2.17 70d 1 0.06mi
986 Waterford Ln Gulfport, MS 3.0 1.5 1000 $1,650 $1.65 93d 1 0.11mi
229 Milray Ln Gulfport, MS 2.0 2.5 889 $1,795 $2.02 70d 1 0.14mi
696 Hunters Glen Ln Gulfport, MS 3.0 1.5 1000 $1,800 $1.80 70d 1 0.20mi
477 Tegarden Rd Unit D Gulfport, MS 3.0 2.0 1300 $1,300 $1.00 63d 1 0.57mi
1525 E Pass Rd Gulfport, MS 1.0–3.0 1.0–2.0 1070 $1,519 $1.42 70d 1 0.95mi
1114 Washington Ave Gulfport, MS 3.0 2.0 1200 $1,350 $1.12 70d 1 1.16mi
980 Courthouse Rd Unit 1605 Gulfport, MS 2.0 2.0 1227 $1,355 $1.10 70d 1 1.30mi
3503 Hancock Ave Gulfport, MS 2.0 2.5 1100 $1,100 $1.00 70d 1 1.35mi
200 Commerce St Gulfport, MS 2.0 1.0 900 $1,100 $1.22 70d 1 1.45mi
1339 Foxwood Pl Gulfport, MS 3.0 2.0 1100 $1,375 $1.25 93d 1 1.47mi
1400 Mill Rd Gulfport, MS 2.0 2.5 1290 $2,550 $1.98 93d 1 1.47mi
1956 E Pass Rd Gulfport, MS 2.0 1.0 900 $950 $1.06 93d 1 1.47mi

Property features AI

Finance

HOA & community
Association with monthly fee of $165Association covers grounds maintenance, management, pest control, pool service, and securityCommunity amenities include pool and proximity to entertainment

Exterior

Parking
Assigned parking (1 space)
Security
Gated communitySmoke detectors
Utilities
Public waterPublic sewerElectricity connectedWater connectedSewer connected
Home design
Townhouse (house-style structure)Two levelsEntry level on main floorFacing direction not specified
Construction
Built according to public recordsVinyl sidingAsphalt shingle roofSlab foundation
Exterior features
Front porchBalconyDog runExterior lightingIn-ground private poolBeach access and Gulf accessCity lot, near beach

Interior

Kitchen
DishwasherElectric range / free‑standing electric rangeMicrowaveOvenRefrigerator / free‑standing refrigeratorKitchen islandGranite counters
Bedrooms
Bedrooms located across two levels
Flooring
Luxury vinylCeramic tile
Bathrooms
3 full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
Ceiling fansWalk-in closetsKitchen islandGranite countertopsBlinds and window treatments
Laundry & utility
Stacked washer/dryer

HOA detail $165/mo · $1,980/yr condo

Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-08-08
    days on market $189,000 Active 115 DOM
  2. 2026-08-07
    days on market $189,000 Active 114 DOM
  3. 2026-08-06
    days on market $189,000 Active 113 DOM
  4. 2026-08-05
    days on market $189,000 Active 112 DOM
  5. 2026-08-04
    days on market $189,000 Active 111 DOM
  6. 2026-08-03
    days on market $189,000 Active 110 DOM
  7. 2026-07-31
    days on market $189,000 Active 107 DOM
  8. 2026-07-30
    days on market $189,000 Active 106 DOM
  9. 2026-07-29
    days on market $189,000 Active 105 DOM
  10. 2026-07-27
    days on market $189,000 Active 103 DOM
  11. 2026-07-25
    days on market $189,000 Active 101 DOM
  12. 2026-07-24
    days on market $189,000 Active 100 DOM
  13. 2026-07-23
    days on market $189,000 Active 99 DOM
  14. 2026-07-22
    days on market $189,000 Active 98 DOM
  15. 2026-07-21
    days on market $189,000 Active 97 DOM
  16. 2026-07-18
    days on market $189,000 Active 94 DOM
  17. 2026-07-16
    days on market $189,000 Active 92 DOM
  18. 2026-07-16
    days on market $189,000 Active 91 DOM
  19. 2026-07-14
    days on market $189,000 Active 90 DOM
  20. 2026-07-13
    days on market $189,000 Active 89 DOM
  21. 2026-07-12
    days on market $189,000 Active 88 DOM
  22. 2026-07-11
    days on market $189,000 Active 87 DOM
  23. 2026-07-10
    days on market $189,000 Active 86 DOM
  24. 2026-07-09
    days on market $189,000 Active 85 DOM
  25. 2026-07-08
    days on market $189,000 Active 84 DOM
  26. 2026-07-07
    days on market $189,000 Active 83 DOM
  27. 2026-07-06
    days on market $189,000 Active 82 DOM
  28. 2026-07-05
    days on market $189,000 Active 81 DOM
  29. 2026-07-04
    days on market $189,000 Active 80 DOM
  30. 2026-07-03
    days on market $189,000 Active 79 DOM
  31. 2026-07-02
    days on market $189,000 Active 78 DOM
  32. 2026-07-01
    days on market $189,000 Active 77 DOM
  33. 2026-06-30
    days on market $189,000 Active 76 DOM
  34. 2026-06-29
    days on market $189,000 Active 75 DOM
  35. 2026-06-28
    days on market $189,000 Active 74 DOM
  36. 2026-06-28
    days on market $189,000 Active 73 DOM
  37. 2026-06-27
    days on market $189,000 Active 72 DOM
  38. 2026-06-25
    days on market $189,000 Active 70 DOM
  39. 2026-06-23
    days on market $189,000 Active 68 DOM
  40. 2026-06-22
    days on market $189,000 Active 67 DOM
  41. 2026-06-18
    days on market $189,000 Active 64 DOM
  42. 2026-06-17
    days on market $189,000 Active 63 DOM
  43. 2026-06-16
    days on market $189,000 Active 62 DOM
  44. 2026-06-15
    days on market $189,000 Active 61 DOM
  45. 2026-06-14
    days on market $189,000 Active 59 DOM
  46. 2026-06-13
    days on market $189,000 Active 58 DOM
  47. 2026-06-10
    days on market $189,000 Active 56 DOM
  48. 2026-06-09
    days on market $189,000 Active 55 DOM
  49. 2026-06-08
    days on market $189,000 Active 54 DOM
  50. 2026-06-07
    days on market $189,000 Active 53 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 2/10 Low FEMA zone X (shaded) · 6% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,805
− Mortgage interest
−$10,587
− Property taxes
−$2,835
− Insurance
−$945
− Repairs & maintenance
−$1,824
− Management
−$1,824
− HOA
−$1,980
− Depreciation
−$5,498
Taxable loss
−$2,689
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$645
After-tax cash flow
$1,008/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $5,780–$17,340 screening

This well-maintained, turnkey townhome is ready for immediate occupancy and offers a great value for both resale and rental.

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and resale value
  • Both Replace shower curtains — Freshens up the bathroom and improves rental appeal

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 48/100

Zoned Schools

Elementary Anniston Avenue Elementary School C- MS #53/375 Nat'l #11,114/41,679 Middle Bayou View Middle School C MS #27/179 Nat'l #3,192/14,009 High Gulfport High School F MS #54/197 Nat'l #8,724/17,239

Schools (NCES district)

District
Gulfport School District
NCES district ID
2801710
Math proficiency
41% ▼ -15.00%
Reading proficiency
42% ▼ -6.00%
Median HH income
$35,712
Composite
34.38/100
National rank
#5213
State rank
#37 of 130 in MS
B Composite livability gradescore 73/100

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 · 228,444 people
City population
96,188
Metro
Gulfport-Biloxi, MS
Population (ZIP)
18,564
Household income
$54,657
Rent vs Own
44.3% rent · 55.7% own
Severe rent burden
8% of renters

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
Majority White (65%)
Race & ethnicity
White 65% Black 24% Hispanic / Latino 6% Two or more races 5% Asian 1%
Hispanic origin (detail)
Mexican 2% Cuban 1%
Common ancestry
Slovak 4% Lithuanian 4% Romanian 2%
Foreign-born
4% · Canada
Languages at home
94% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 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

Price history

-5.3% since first listed
19 events — show timeline
  • 2026-04-15 Relisted MLSU
  • 2026-04-01 Listing Removed MLSU
  • 2026-03-30 Listed $189,000 MLSU
  • 2025-03-12 Price Changed $219,500 MLSU
  • 2024-11-08 Relisted MLSU
  • 2024-11-01 Listing Removed MLSU
  • 2024-08-02 Price Changed $229,000 MLSU
  • 2024-07-29 Price Changed $232,000 MLSU
  • 2024-07-19 Price Changed $237,000 MLSU
  • 2024-07-19 Relisted MLSU
  • 2024-07-15 Pending MLSU
  • 2024-07-15 Listing Removed MLSU
  • 2024-06-27 Price Changed $225,000 MLSU
  • 2024-05-09 Listed $237,000 MLSU
  • 2023-08-20 Rental Removed APPFOLIO
  • 2011-01-28 Sold (MLS) MLSU
  • 2010-12-27 Listed $49,900 MLSU
  • 2007-01-22 Sold (MLS) MLSU
  • 2006-08-18 Listed $199,500 MLSU

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…