7131 Sonoma Dr · Biloxi, MS 39532

$332,000

4 bd · 2.0 ba · 2,404 sqft · SingleFamily public records · 18 Days on market

Built 2021 0.31 ac lot $138/sqft · 16% below area Est $409k · 19% under $33/mo HOA · 1% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +7.9/30.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• 1% rule +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

Key facts

• Close to schools
• Wonderful kitchen
• 0.31 acre lot

Tags

• FIRST FLOOR LIVING ROOM
• FIRST FLOOR DINING AREA
• WONDERFUL KITCHEN
• SPACIOUS PRIMARY SUITE
• LARGE SECOND LIVING AREA
• CLOSE TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $332k.

Deal economics

• At list price, monthly cash flow is $-353 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (18.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (32.3% below list).
• Recommended offer: $225k (32.3% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.5% in Biloxi — 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 79/100 on livability (#6 in MS, #2,141 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: commute D+, amenities F, employment D-.
• 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 (+3.0%/yr); 393 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% 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 39% of the median local income ($69k/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 $2k of loan paydown is wiped out by about $10k 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 18 days — a 2% lower offer ($327k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask is 28% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $224,671 (32.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.68% ✗
• Cap rate: 5.02%
• Cash-on-cash: -4.56%
• DSCR: 0.80
• GRM: 12.3

CMA / ARV

• ARV (median comp): $408,584
• List price: $332,000
• Delta: -17.79%
• 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
7134 Sonoma Dr	0.03mi	4/2.5	2,306 (-4%)	6mo	$348,900	$151	85
7089 Glen Eagle Dr	0.13mi	4/2.5	2,306 (-4%)	12mo	$334,000	$145	75
13486 Shriners Blvd	0.35mi	4/2.0	2,448 (+2%)	10mo	$325,000	$133	73
6284 Emerald Lake Dr	0.73mi	4/2.0	2,320 (-4%)	5mo	$336,850	$145	56
6289 Emerald Lake Dr	0.70mi	4/3.0	2,300 (-4%)	6mo	$361,575	$157	51
13631 Mayberry Ct	0.71mi	5/3.0 (+1)	2,513 (+4%)	0mo	$364,990	$145	50
13824 Winterberry Dr	0.64mi	4/2.0	2,114 (-12%)	2mo	$379,990	$180	48
14192 Old Highway 67	0.66mi	3/2.0 (-1)	2,600 (+8%)	5mo	$240,000	$92	46
7974 Deerberry Ct	0.65mi	4/3.0	2,219 (-8%)	8mo	$360,815	$163	46
6280 Emerald Lake Dr	0.74mi	4/3.0	2,300 (-4%)	10mo	$369,175	$161	46
6285 Emerald Lake Dr	0.71mi	4/2.0	2,202 (-8%)	12mo	$357,625	$162	43
6567 Eastland Cir	0.59mi	4/2.0	2,079 (-14%)	12mo	$287,000	$138	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 · 2.98% rent growth · sell at horizon

5-year hold

• IRR: -24.1%
• Equity multiple: 0.18×
• Total profit: $-76,388
• Equity at exit: $49,502

10-year hold

• IRR: -19.4%
• Equity multiple: -0.03×
• Total profit: $-95,922
• Equity at exit: $28,705

Cash invested: $92,960 (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 39532

• Rents YoY: 3.0%
• Active inventory: 393
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $2,247 medium
• Mortgage (P&I): −$1,741
• Tax from tax record: −$215 /mo · $2,585/yr
• Insurance: −$138
• HOA: −$33
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $-353

Break-even live

Break-even rent $2,693

Max offer price $269,660

Occupancy floor —

Sensitivity live

Price	-10% $-165	-5% $-259	+0% $-353	+5% $-447	+10% $-541
Rent	-10% $-530	-5% $-442	+0% $-353	+5% $-264	+10% $-175
Rate	-1.0pp $-186	-0.5pp $-268	base $-353	+0.5pp $-439	+1.0pp $-526

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: $83,000
• Closing costs: $9,960
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6550 Eastland Cir Biloxi, MS	4.0	2.0	2037	$2,250	$1.10	45d	1	0.59mi
6248 Emerald Lake Dr Biloxi, MS	4.0	2.0	2557	$2,300	$0.90	15d	1	0.83mi
13913 Ruby Ln Biloxi, MS	4.0	3.0	2508	$2,500	$1.00	45d	1	1.00mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 24 events

1. 2026-06-21
   days on market $332,000 Active 18 DOM
2. 2026-06-18
   days on market $332,000 Active 15 DOM
3. 2026-06-17
   days on market $332,000 Active 14 DOM
4. 2026-06-16
   days on market $332,000 Active 13 DOM
5. 2026-06-15
   days on market $332,000 Active 12 DOM
6. 2026-06-14
   days on market $332,000 Active 10 DOM
7. 2026-06-13
   days on market $332,000 Active 9 DOM
8. 2026-06-10
   days on market $332,000 Active 7 DOM
9. 2026-06-09
   days on market $332,000 Active 6 DOM
10. 2026-06-08
    days on market $332,000 Active 5 DOM
11. 2026-06-07
    pricedays on marketlisting id $332,000 Active 4 DOM
12. 2026-06-01
    days on market $335,900 Active 133 DOM
13. 2026-05-31
    days on market $335,900 Active 132 DOM
14. 2026-05-30
    days on market $335,900 Active 131 DOM
15. 2026-04-29
    price $335,900 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

16. 2026-04-10
    price $344,900 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

17. 2026-02-20
    price $349,900 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

18. 2026-02-02
    price $354,900 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

19. 2026-01-20
    price $359,000 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

20. 2026-01-19
    listed $259,000 Active 916-char remark

    Show marketing remark (916 chars)

    Seller is willing to assist buyer with closing costs with acceptable offer. Beautifully Maintained Home in Sought-After Neighborhood - This 5-year-old, well-cared-for home offers comfort, space, and a thoughtful layout in a great neighborhood within the Harrison County School District. Featuring 4 bedrooms and 3.5 bathrooms, the home boasts a spacious primary suite on the main level, providing privacy and convenience. Upstairs, you'll find three generously sized bedrooms, two of which are connected by a Jack-and-Jill bathroom, along with a large additional living area--perfect for a game room, kids' hangout, media room, designated homeschool area or just a second family space. The home is filled with abundant natural light, creating a warm and inviting atmosphere throughout. A functional floor plan makes everyday living and entertaining effortless, while the 2-car garage adds convenience and storage.

21. 2021-07-23
    soldstatus 619-char remark

    Show marketing remark (619 chars)

    This 2 story offers the open concept layout featuring two living areas. The owner's suite is on the bottom level while all the other bedrooms are upstairs along with a huge upstairs living/play room/mancave area. You will love the designer soft close cabinets, farmhouse sink, granite countertops, subway tile backsplash, crown molding, tile shower, and walk-in closets. Smart Home package. Enjoy the private serene nature setting from your covered back porch. *Home is under construction. Estimated completion April. Pics are of another home, same floor plan. Options and colors may vary. Cabinets will be light gray.*

22. 2021-03-04
    historical
23. 2021-03-02
    listed $311,900 619-char remark

    Show marketing remark (619 chars)

    This 2 story offers the open concept layout featuring two living areas. The owner's suite is on the bottom level while all the other bedrooms are upstairs along with a huge upstairs living/play room/mancave area. You will love the designer soft close cabinets, farmhouse sink, granite countertops, subway tile backsplash, crown molding, tile shower, and walk-in closets. Smart Home package. Enjoy the private serene nature setting from your covered back porch. *Home is under construction. Estimated completion April. Pics are of another home, same floor plan. Options and colors may vary. Cabinets will be light gray.*

24. 2020-11-15
    listed $304,900

ⓘ 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: $2,585 · $215/mo
• Projected year-2 tax: $2,623 · $219/mo
• Expected delta: +$38/yr (+$3/mo · 1.5%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 68% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 22 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: $26,961
• − Mortgage interest: −$18,597
• − Property taxes: −$2,585
• − Insurance: −$1,660
• − Repairs & maintenance: −$2,157
• − Management: −$2,157
• − HOA: −$396
• − Depreciation: −$9,658
• Taxable loss: −$10,249
• Est. tax savings @ 24.0%: +$2,460
• After-tax cash flow: $-1,775/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 — Biloxi

• Score: 79/100
• State rank: #6
• US rank: #2141

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Biloxi, MS
• County: Harrison County · 178,171 people
• City population: 63,281
• Metro: Gulfport-Biloxi, MS
• Population (ZIP): 36,662
• Household income: $68,710
• Rent vs Own: 36.7% rent · 63.3% own
• Severe rent burden: 954.0

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: Predominantly White (69%)
• Race & ethnicity: White 69% Black 15% Two or more races 9% Hispanic / Latino 6% Asian 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 5% Italian 2% Serbian 2%
• Foreign-born: 4% · Vietnam, Canada
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% 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: —

Market trends

• HPI YoY: ▼ -90.04%
• Current HPI: 154.9975
• Rent YoY: ▲ 2.98%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+10.2% since first listed

10 events — show timeline

• 2026-04-29 Price Changed $335,900 MLSU
• 2026-04-10 Price Changed $344,900 MLSU
• 2026-02-20 Price Changed $349,900 MLSU
• 2026-02-02 Price Changed $354,900 MLSU
• 2026-01-20 Price Changed $359,000 MLSU
• 2026-01-19 Listed $259,000 MLSU
• 2021-07-23 Sold (MLS) — MLSU
• 2021-03-04 Listing Removed — MLSU
• 2021-03-02 Listed $311,900 MLSU
• 2020-11-15 Listed $304,900 MLSU

Property tax history

+64.8%/yr

Latest (2025): $2,585 · +5.3% YoY. Source: county tax records.