5810 30th St · Gulfport, MS 39501

$143,000

3 bd · 1.0 ba · 1,656 sqft · SingleFamily public records · 43 Days on market

Built 1960 0.38 ac lot Est $137k · at est.

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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 +18.0/30.0
• ARV discount +5.7/15.0
• DSCR +5.6/10.0
• Rent growth +5.0/5.0
• 1% rule +4.2/10.0
• Livability +3.7/5.0
• Schools +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fantasic multifamily property with 3 units nestled at the end of the street. One studio that owners live in but could be renting at $900 a month, a one bedroom/1 bath rented at $700 and a 2bedroom 1 bath rented at $1100. Both those units are on short term leases and could be rented at much higher prices. All recently renovated with new paint, some with new flooring and appliances. The 2 bedroonm has a carport, and there is another carport that could go with the one bedrrom. The studio is next to a one car garage. Don't wait long on this one or you'll miss out.

Key facts

• 0.38 acre lot
• Garage
• Listed 43 days

Property features AI

Finance

• Financial info: 3 total units (multi-family)

Exterior

• Parking: Attached carport; Detached carport; Driveway; Total of 4 parking spaces; 2 carport spaces
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected
• Home design: Triplex; One story; Fixer condition
• Construction: Siding exterior; Slab foundation; Built (year per public records)
• Exterior features: Architectural shingle roof; City lot; Lot dimensions approximately 137' x 123' x 137' x 123'

Interior

• Kitchen: Electric oven; Electric range
• Flooring: Carpet; Ceramic tile; Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Natural gas heating; Central air conditioning; Wall unit air conditioning; Electric cooling
• Interior features: Breakfast bar; Private yard

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $143k.

Deal economics

• At list price, monthly cash flow is $122 ($1k/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 $132k (7.6% below list).
• Recommended offer: $132k (7.6% below list) — sets the bar for 1% rule.
• Cap rate 7.3% 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.
• 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: 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 (+10.5%/yr); 252 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,194 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).
• At $1,322/mo this rent would consume 46% of the median local household income ($35k/yr) (locally 1516% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $989 of loan paydown is wiped out by about $4k 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 + 8.0% rent growth), your $40k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($139k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y 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; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,181 (7.6% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.92% ✗
• Cap rate: 7.32%
• Cash-on-cash: 3.67%
• DSCR: 1.16
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $137,448
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2905 57th Ave	0.12mi	4/2.0 (+1)	1,674 (+1%)	7mo	$139,000	$83	78
3001 49th Ave	0.65mi	3/1.5	1,705 (+3%)	20mo	$99,500	$58	46
2817 49th Ave	0.66mi	3/2.0	1,432 (-14%)	16mo	$157,000	$110	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -5.4%
• Equity multiple: 0.79×
• Total profit: $-8,418
• Equity at exit: $21,322

10-year hold

• IRR: 9.2%
• Equity multiple: 1.86×
• Total profit: $34,410
• Equity at exit: $12,364

Cash invested: $40,040 (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 39501

• Home prices YoY: -34.5%
• Rents YoY: 10.5%
• Active inventory: 252
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,322 medium
• Mortgage (P&I): −$750
• Tax from tax record: −$112 /mo · $1,349/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $122

Break-even live

Break-even rent $1,167

Max offer price $143,000

Occupancy floor 86%

Sensitivity live

Price	-10% $203	-5% $163	+0% $122	+5% $82	+10% $41
Rent	-10% $18	-5% $70	+0% $122	+5% $175	+10% $227
Rate	-1.0pp $194	-0.5pp $159	base $122	+0.5pp $85	+1.0pp $48

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2986 58th Ave Gulfport, MS	3.0	2.0	1153	$1,295	$1.12	14d	1	0.06mi
3008 50th Ave Gulfport, MS	3.0	2.0	1054	$1,050	$1.00	14d	1	0.64mi
18401 28th St Long Beach, MS	1.0–3.0	1.0–3.0	1034	$1,650	$1.60	14d	1	1.10mi
1412 Jo Ellen Cir Gulfport, MS	3.0	1.5	1275	$1,050	$0.82	14d	1	1.40mi

Listing history 27 events

1. 2026-06-18
   days on market $143,000 Active 43 DOM
2. 2026-06-17
   days on market $143,000 Active 42 DOM
3. 2026-06-16
   days on market $143,000 Active 41 DOM
4. 2026-06-15
   days on market $143,000 Active 40 DOM
5. 2026-06-14
   days on market $143,000 Active 38 DOM
6. 2026-06-13
   days on market $143,000 Active 37 DOM
7. 2026-06-10
   days on market $143,000 Active 35 DOM
8. 2026-06-09
   days on market $143,000 Active 34 DOM
9. 2026-06-08
   days on market $143,000 Active 33 DOM
10. 2026-06-07
    days on market $143,000 Active 32 DOM
11. 2026-06-05
    days on market $143,000 Active 29 DOM
12. 2026-06-02
    days on market $143,000 Active 27 DOM
13. 2026-06-01
    days on market $143,000 Active 26 DOM
14. 2026-05-31
    days on market $143,000 Active 25 DOM
15. 2026-05-30
    days on market $143,000 Active 24 DOM
16. 2026-05-20
    status Active
17. 2026-04-01
    status Pending
18. 2026-03-17
    listed $143,000 Active
19. 2023-04-26
    soldstatus
20. 2023-04-20
    soldstatus Closed 567-char remark

    Show marketing remark (567 chars)

    Fantasic multifamily property with 3 units nestled at the end of the street. One studio that owners live in but could be renting at $900 a month, a one bedroom/1 bath rented at $700 and a 2bedroom 1 bath rented at $1100. Both those units are on short term leases and could be rented at much higher prices. All recently renovated with new paint, some with new flooring and appliances. The 2 bedroonm has a carport, and there is another carport that could go with the one bedrrom. The studio is next to a one car garage. Don't wait long on this one or you'll miss out.

21. 2023-02-16
    status Pending 567-char remark

    Show marketing remark (567 chars)

    Fantasic multifamily property with 3 units nestled at the end of the street. One studio that owners live in but could be renting at $900 a month, a one bedroom/1 bath rented at $700 and a 2bedroom 1 bath rented at $1100. Both those units are on short term leases and could be rented at much higher prices. All recently renovated with new paint, some with new flooring and appliances. The 2 bedroonm has a carport, and there is another carport that could go with the one bedrrom. The studio is next to a one car garage. Don't wait long on this one or you'll miss out.

22. 2023-02-13
    listed $220,000 Active 567-char remark

    Show marketing remark (567 chars)

    Fantasic multifamily property with 3 units nestled at the end of the street. One studio that owners live in but could be renting at $900 a month, a one bedroom/1 bath rented at $700 and a 2bedroom 1 bath rented at $1100. Both those units are on short term leases and could be rented at much higher prices. All recently renovated with new paint, some with new flooring and appliances. The 2 bedroonm has a carport, and there is another carport that could go with the one bedrrom. The studio is next to a one car garage. Don't wait long on this one or you'll miss out.

23. 2020-12-22
    soldstatus
24. 2020-12-21
    soldstatus 416-char remark

    Show marketing remark (416 chars)

    This property has 3 units that can be income producing. The main home has a fireplace, double sliding glass doors opening onto a 2 car carport. The kitchen has breakfast bar and lots of cabinets for storage. The 2nd structure is a single unit. Main unit and 2nd unit both have central heat and air. There are 2 storage structures, but the power. All this located on large lot at the end of street, wooded on 3 sides.

25. 2020-12-16
    soldstatus
26. 2020-10-09
    listed $92,000 416-char remark

    Show marketing remark (416 chars)

    This property has 3 units that can be income producing. The main home has a fireplace, double sliding glass doors opening onto a 2 car carport. The kitchen has breakfast bar and lots of cabinets for storage. The 2nd structure is a single unit. Main unit and 2nd unit both have central heat and air. There are 2 storage structures, but the power. All this located on large lot at the end of street, wooded on 3 sides.

27. 2017-10-24
    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: $1,349 · $112/mo
• Projected year-2 tax: $1,349 · $112/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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: $15,862
• − Mortgage interest: −$8,010
• − Property taxes: −$1,349
• − Insurance: −$715
• − Repairs & maintenance: −$1,269
• − Management: −$1,269
• − Depreciation: −$4,160
• Taxable loss: −$911
• Est. tax savings @ 24.0%: +$219
• After-tax cash flow: $1,686/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: 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

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): 22,565
• Household income: $34,758
• Rent vs Own: 60.3% rent · 39.7% own
• Severe rent burden: 1516.0

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 0.56)
• Race & ethnicity: Black 59% White 29% Two or more races 7% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 2% Serbian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -110.16%
• Current HPI: 208.998
• Rent YoY: ▲ 10.49%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+55.4% since first listed

12 events — show timeline

• 2026-05-20 Relisted — MLSU
• 2026-04-01 Pending — MLSU
• 2026-03-17 Listed $143,000 MLSU
• 2023-04-26 Sold (Public Records) — Public Records
• 2023-04-20 Sold (MLS) — MLSU
• 2023-02-16 Pending — MLSU
• 2023-02-13 Listed $220,000 MLSU
• 2020-12-22 Sold (Public Records) — Public Records
• 2020-12-21 Sold (MLS) — MLSU
• 2020-12-16 Sold (Public Records) — Public Records
• 2020-10-09 Listed $92,000 MLSU
• 2017-10-24 Sold (Public Records) — Public Records

Property tax history

+51.5%/yr

Latest (2025): $1,349 · +6.6% YoY. Source: county tax records.