1401 Ash St · Gautier, MS 39564

$137,500

3 bd · 1.0 ba · 988 sqft · SingleFamily public records · 275 Days on market

Built 1981 0.25 ac lot $139/sqft · 22% below area Est $177k · 22% 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 +7.8/10.0
• Schools +5.3/10.0
• Livability +3.3/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

Key facts

• Possible airbnb
• Move in ready
• Fully furnished

Tags

• MOVE IN READY
• FULLY FURNISHED
• POSSIBLE AIRBNB

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $138k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).
• Recommended offer: $121k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 4.2% in Gautier — 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 66/100 on livability (#89 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D+, schools D, employment D.
• Ocean Springs School District (suburban): math 64% / reading 59% proficiency, ranked #1 of 130 in MS (top 1%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.3%/yr); 714 active listings in the ZIP; solid renter incomes; 516 units permitted in Jackson County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $951 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 275 days — a 12% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 20y ago; this cycle's ask has dropped $22k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 275 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 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?
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: 1.28% ✓
• Cap rate: 11.37%
• Cash-on-cash: 18.14%
• DSCR: 1.81
• GRM: 6.5

CMA / ARV

• ARV (median comp): $176,665
• List price: $137,500
• Delta: -22.17%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1401 Ash St	0.00mi	3/1.0	988 (0%)	1mo	$137,500	$139	99
1324 Ash St	0.08mi	3/2.0	1,128 (+14%)	6mo	$169,000	$150	64
1333 Magnolia St	0.29mi	3/2.0	1,128 (+14%)	14mo	$169,000	$150	47

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: -11.0%
• Equity multiple: 0.61×
• Total profit: $-15,123
• Equity at exit: $20,502

10-year hold

• IRR: -4.9%
• Equity multiple: 0.71×
• Total profit: $-11,272
• Equity at exit: $11,888

Cash invested: $38,500 (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 39564

• Home prices YoY: -26.8%
• Rents YoY: 1.3%
• Active inventory: 714
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,758 medium
• Mortgage (P&I): −$721
• Tax from tax record: −$29 /mo · $345/yr
• Insurance: −$57
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $155

Break-even live

Break-even rent $1,562

Max offer price $137,500

Occupancy floor 86%

Sensitivity live

Price	-10% $233	-5% $194	+0% $155	+5% $116	+10% $78
Rent	-10% $16	-5% $86	+0% $155	+5% $225	+10% $294
Rate	-1.0pp $225	-0.5pp $190	base $155	+0.5pp $120	+1.0pp $84

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: $34,375
• Closing costs: $4,125
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-05-11
   status Pending 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

2. 2026-03-10
   price $137,500 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

3. 2026-01-22
   price $139,900 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

4. 2025-09-15
   status Active 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

5. 2025-08-29
   status Pending 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

6. 2025-08-08
   price $149,900 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

7. 2025-07-23
   listed $159,900 Active 331-char remark

   Show marketing remark (331 chars)

   Tiny home in Ocean Springs School District . Move in ready, sold fully furnished. The house could be 3 bedrooms, one of the rooms needs a closet. Only cash or conventional financing due to lower ceilings. Otherwise house is very adorable. Possible AirBnB if purchasing as an investment home. Owner is willing to do Owner Financing.

8. 2020-08-26
   soldstatus
9. 2020-08-24
   soldstatus 121-char remark

   Show marketing remark (121 chars)

   Looking for the perfect flip or investment property? A true Handyman Special! Priced to Sell!! Sold ''As Is', Where Is''.

10. 2020-07-24
    listed $59,900 121-char remark

    Show marketing remark (121 chars)

    Looking for the perfect flip or investment property? A true Handyman Special! Priced to Sell!! Sold ''As Is', Where Is''.

11. 2015-01-21
    historical
12. 2014-09-15
    listed $60,000
13. 2007-07-20
    soldstatus
14. 2007-03-16
    listed $66,000
15. 2006-03-30
    soldstatus
16. 2006-03-15
    listed $28,000

ⓘ 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: $345 · $29/mo
• Projected year-2 tax: $1,086 · $91/mo
• Expected delta: +$741/yr (+$62/mo · 214.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,100
• − Mortgage interest: −$7,702
• − Property taxes: −$345
• − Insurance: −$5,806
• − Repairs & maintenance: −$1,688
• − Management: −$1,688
• − Depreciation: −$4,000
• Taxable loss: −$130
• Est. tax savings @ 24.0%: +$31
• After-tax cash flow: $1,896/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: Ocean Springs School District
• NCES district ID: 2803360
• Math proficiency: 64% ▼ -3.00%
• Reading proficiency: 59% ▲ 1.00%
• Median HH income: $60,485
• Composite: 53.35/100
• National rank: #1477
• State rank: #1 of 130 in MS

Livability — Gautier

• Score: 66/100
• State rank: #89
• US rank: #11250

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jackson County · 82,196 people
• City population: 17,225
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 43,240
• Household income: $78,596
• Rent vs Own: 27.8% rent · 72.2% own
• Severe rent burden: 734.0

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 146,926 people
• By 2030: 148,442 · +1.0%
• By 2040: 149,631 · +1.8%
• By 2050: 148,723 · +1.2%
• By 2075: 147,845 · +0.6%
• By 2100: 144,510 · -1.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 10% Hispanic / Latino 8% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Lithuanian 5% Slovak 4% Romanian 2%
• Foreign-born: 5% · Canada, South Korea, Vietnam
• Languages at home: 93% English-only · Spanish 3% Vietnamese 2% Tagalog/Filipino 1%

Political lean MEDSL · Jackson

• 2024 margin: Solid R (+39.9) · D 29.5% · R 69.4% · Other 1.1%
• 2008→2024 swing: -6.4pp toward R · 2008: -33.5pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+34.6 2016: R+39.9 2012: R+36.1 2008: R+33.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.77%
• Current HPI: 204.2244
• Rent YoY: ▲ 1.31%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+391.1% since first listed

16 events — show timeline

• 2026-05-11 Pending — MLSU
• 2026-03-10 Price Changed $137,500 MLSU
• 2026-01-22 Price Changed $139,900 MLSU
• 2025-09-15 Relisted — MLSU
• 2025-08-29 Pending — MLSU
• 2025-08-08 Price Changed $149,900 MLSU
• 2025-07-23 Listed $159,900 MLSU
• 2020-08-26 Sold (Public Records) — Public Records
• 2020-08-24 Sold (MLS) — MLSU
• 2020-07-24 Listed $59,900 MLSU
• 2015-01-21 Listing Removed — MLSU
• 2014-09-15 Listed $60,000 MLSU
• 2007-07-20 Sold (MLS) — MLSU
• 2007-03-16 Listed $66,000 MLSU
• 2006-03-30 Sold (MLS) — MLSU
• 2006-03-15 Listed $28,000 MLSU

Property tax history

+4.3%/yr

Latest (2025): $345 · +10.3% YoY. Source: county tax records.