7646 Madison Dr · St. Martin, MS 39532

$135,000

3 bd · 2.0 ba · 1,722 sqft · SingleFamily public records · 134 Days on market

Built 1969 8,712 sqft lot $78/sqft · 25% below area Est $179k · 25% under

---

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
• Schools +4.4/10.0
• Rent growth +3.2/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

Key facts

• Large bonus room
• Converted garage
• Minutes from i-10

Tags

• CONVERTED GARAGE
• LARGE BONUS ROOM
• UNHEATED ADDITION
• BACKYARD WITH MATURE TREES
• COVERED PAVILION
• MINUTES FROM I-10

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $767 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Jackson County School District (rural): math 53% / reading 48% proficiency, ranked #10 of 130 in MS (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.0%/yr); 392 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 516 units permitted in Jackson County in 2024 (6 in 5+ unit buildings).
• This rent runs 36% 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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 134 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y ago; this cycle's ask has dropped $32k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.51% ✓
• Cap rate: 13.11%
• Cash-on-cash: 24.35%
• DSCR: 2.08
• GRM: 5.5

CMA / ARV

• ARV (median comp): $178,957
• List price: $135,000
• Delta: -24.56%
• 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
15513 Lyda Steen Dr	0.36mi	3/2.0	1,783 (+4%)	1mo	$244,900	$137	77
15917 Big Ridge Rd	0.36mi	4/2.0 (+1)	1,663 (-3%)	5mo	$250,000	$150	68
7112 Melon Dr	0.53mi	3/1.5	1,674 (-3%)	4mo	$179,900	$107	65
7400 Kentwood Dr	0.55mi	3/2.0	1,830 (+6%)	3mo	$185,000	$101	62
7604 Newton Dr	0.39mi	4/2.5 (+1)	1,800 (+4%)	7mo	$199,999	$111	61
15901 Big Ridge Rd	0.34mi	4/2.0 (+1)	1,615 (-6%)	12mo	$208,000	$129	59
15708 Orleans Dr	0.59mi	3/2.0	1,800 (+4%)	8mo	$164,000	$91	58
15417 Glen Dr	0.45mi	4/2.0 (+1)	1,578 (-8%)	6mo	$223,000	$141	55
15920 Hardwood Pl	0.64mi	3/2.0	1,820 (+6%)	8mo	$254,900	$140	54
7000 Melrose Dr	0.67mi	2/2.5 (-1)	1,750 (+2%)	9mo	$139,900	$80	51
7120 Bienville Dr	0.68mi	4/2.0 (+1)	1,580 (-8%)	9mo	$219,000	$139	42
15612 Kingston Dr	0.49mi	2/2.0 (-1)	1,504 (-13%)	12mo	$209,990	$140	41

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: 17.6%
• Equity multiple: 1.71×
• Total profit: $26,915
• Equity at exit: $20,129

10-year hold

• IRR: 26.1%
• Equity multiple: 3.28×
• Total profit: $86,081
• Equity at exit: $11,672

Cash invested: $37,800 (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: 392
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $2,039 high
• Mortgage (P&I): −$708
• Tax from tax record: −$80 /mo · $958/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $767

Break-even live

Break-even rent $1,068

Max offer price $135,000

Occupancy floor 57%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7201 Bienville Dr Biloxi, MS	3.0	2.0	2004	$1,995	$1.00	13d	1	0.64mi
7001 Knollwood Dr Biloxi, MS	3.0	1.5	1200	$1,325	$1.10	43d	1	0.78mi
11134 Gorenflo Rd Diberville, MS	3.0	2.0	1200	$1,500	$1.25	21d	1	0.79mi
11122 Gorenflo Rd Diberville, MS	3.0	2.0	1200	$1,500	$1.25	13d	1	0.81mi
16016 Lemoyne Blvd Biloxi, MS	1.0–3.0	1.0–2.0	1126	$1,607	$1.43	13d	18	0.88mi
16201 Cervantes Ct Biloxi, MS	4.0	2.0	1404	$1,975	$1.41	43d	1	0.89mi
14912 Mallett Rd Biloxi, MS	1.0–3.0	1.0–2.0	1002	$1,780	$1.78	21d	32	0.93mi
15208 Lisa Dr Biloxi, MS	4.0	3.0	2094	$2,400	$1.15	21d	1	1.00mi
611 Peach St D'Iberville, MS	3.0	2.5	1589	$2,500	$1.57	43d	1	1.16mi
103 E Orchard Loop D'Iberville, MS	2.0	2.5	1500	$2,970	$1.98	43d	1	1.17mi
112 E Orchard Loop D'Iberville, MS	2.0	2.5	1500	$2,970	$1.98	43d	1	1.17mi
107 E Orchard Loop D'Iberville, MS	2.0	2.5	1500	$2,970	$1.98	43d	1	1.17mi
716 Plum Ln D'Iberville, MS	2.0	2.5	1600	$3,410	$2.13	43d	1	1.18mi
12088 Lamey Bridge Rd Diberville, MS	1.0–3.0	1.0–2.0	1150	$1,650	$1.43	13d	1	1.18mi
14801 Lemoyne Blvd Biloxi, MS	1.0–2.0	1.0–2.0	915	$1,550	$1.69	13d	20	1.21mi
14510 Lemoyne Blvd Biloxi, MS	1.0–3.0	1.0–2.0	1125	$1,590	$1.41	13d	9	1.31mi

Listing history 22 events

1. 2026-05-14
   status Pending 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

2. 2026-05-12
   price $135,000 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

3. 2026-05-05
   status Active 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

4. 2026-05-05
   price $143,000 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

5. 2026-03-21
   status Pending 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

6. 2026-02-24
   status Active 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

7. 2026-01-19
   status Pending 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

8. 2026-01-19
   status Active 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

9. 2026-01-06
   historical 1233-char remark

   Show marketing remark (1233 chars)

   SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

10. 2025-12-29
    price $149,000 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

11. 2025-11-18
    price $154,000 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

12. 2025-11-18
    status Active 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

13. 2025-10-20
    historical 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

14. 2025-10-13
    price $160,000 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

15. 2025-09-10
    price $162,000 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

16. 2025-08-30
    listed $167,000 Active 1233-char remark

    Show marketing remark (1233 chars)

    SHORT SALE - MOTIVATED SELLER - MAKE OFFER! Spacious brick and vinyl home situated on a large lot in a convenient location near schools, shopping, and everyday amenities. This property offers excellent potential for an owner-occupant, investor, rental portfolio addition, or renovation resale opportunity. Home features: 3 bedrooms and 2 full baths, Potential 4th bedroom/bonus room with built-in shelving and attached full bath Living room plus kitchen and dining area, Laundry area and abundant storage/closet space, Large privacy-fenced backyard, Covered rear patio/deck area, Enclosed carport/flex space. The additional unfinished area is attached to the home but is not included in heated/cooled square footage. Buyer to verify all Info, condition. etc. Property appraised $143,000 and is priced at $135,000. Utilities are currently off. Seller may assist with utility activation for inspections with acceptable terms. Short sale approval still in process and seller/lender working toward a timely resolution. Foreclosure timeline approaching — submit offers! Property sold as-is where-is. Conventional financing, renovation financing, or cash may be best options. Buyer to verify financing eligibility. See agent remarks.

17. 2018-03-16
    soldstatus 288-char remark

    Show marketing remark (288 chars)

    Look no further! Wonderful floor plan with lots of space for entertaining. THREE separate living areas. No carper-wood and tile flooring. Located not far from the Promenade(lots of shopping/ stores etc.) Easy access to I-10 Casinos and Keesler Air Force Base. Call for your showing today!

18. 2017-09-06
    listed $105,900 288-char remark

    Show marketing remark (288 chars)

    Look no further! Wonderful floor plan with lots of space for entertaining. THREE separate living areas. No carper-wood and tile flooring. Located not far from the Promenade(lots of shopping/ stores etc.) Easy access to I-10 Casinos and Keesler Air Force Base. Call for your showing today!

19. 2014-06-09
    soldstatus
20. 2014-01-07
    listed $79,500
21. 2007-09-19
    soldstatus
22. 2007-06-07
    listed $129,000

ⓘ 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: $958 · $80/mo
• Projected year-2 tax: $1,066 · $89/mo
• Expected delta: +$108/yr (+$9/mo · 11.3%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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: $24,473
• − Mortgage interest: −$7,562
• − Property taxes: −$958
• − Insurance: −$675
• − Repairs & maintenance: −$1,958
• − Management: −$1,958
• − Depreciation: −$3,927
• Taxable income: $7,435
• Est. tax owed @ 24.0%: −$1,784
• After-tax cash flow: $7,421/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: Jackson County School District
• NCES district ID: 2802160
• Math proficiency: 53% ▼ -5.00%
• Reading proficiency: 48% ▼ -5.00%
• Median HH income: $53,569
• Composite: 43.57/100
• National rank: #2980
• State rank: #10 of 130 in MS

Livability — St. Martin

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Martin, MS
• County: Harrison County · 178,171 people
• 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 (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 (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 · 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: ▼ -90.04%
• Current HPI: 154.9975
• Rent YoY: ▲ 2.98%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+4.7% since first listed

22 events — show timeline

• 2026-05-14 Pending — MLSU
• 2026-05-12 Price Changed $135,000 MLSU
• 2026-05-05 Relisted — MLSU
• 2026-05-05 Price Changed $143,000 MLSU
• 2026-03-21 Pending — MLSU
• 2026-02-24 Relisted — MLSU
• 2026-01-19 Pending — MLSU
• 2026-01-19 Relisted — MLSU
• 2026-01-06 Listing Removed — MLSU
• 2025-12-29 Price Changed $149,000 MLSU
• 2025-11-18 Price Changed $154,000 MLSU
• 2025-11-18 Relisted — MLSU
• 2025-10-20 Listing Removed — MLSU
• 2025-10-13 Price Changed $160,000 MLSU
• 2025-09-10 Price Changed $162,000 MLSU
• 2025-08-30 Listed $167,000 MLSU
• 2018-03-16 Sold (MLS) — MLSU
• 2017-09-06 Listed $105,900 MLSU
• 2014-06-09 Sold (MLS) — MLSU
• 2014-01-07 Listed $79,500 MLSU
• 2007-09-19 Sold (MLS) — MLSU
• 2007-06-07 Listed $129,000 MLSU

Property tax history

+4.6%/yr

Latest (2025): $958 · +5.1% YoY. Source: county tax records.