168 Orchid St · Biloxi, MS 39531

$169,900

3 bd · 1.0 ba · 792 sqft · SingleFamily public records · 299 Days on market

Built 1950 6,969 sqft lot $215/sqft · 32% above area Est $129k · 32% over

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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 +18.1/30.0
• DSCR +5.7/10.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely renovated bungalow located just blocks from Beach. Large privacy fenced side yard and plenty of parking. Property is currently furnished, and furnishings can be purchased separately with certain exceptions. Agent related to seller.

Key facts

• Plenty of parking
• Renovated bungalow
• 6,969 sq ft lot

Tags

• RENOVATED BUNGALOW
• PRIVACY FENCED SIDE YARD
• PLENTY OF PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $150 ($2k/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 $150k (11.5% below list).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% 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-.
• Biloxi Public School District (urban): math 60% / reading 48% proficiency, ranked #7 of 130 in MS (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Back Bay Elementary School (math 51% / reading 50%, grade D+, #59 of 375 statewide, top 16%, 535 students, 99% FRL); Biloxi Junior High (math 60% / reading 43%, grade C, #27 of 179 statewide, top 16%, 881 students, 100% FRL); Biloxi High School (math 65% / reading 53%, grade C+, #7 of 197 statewide, top 3%, 1,728 students, 100% FRL) — zoned schools average 100% FRL vs 59% district-wide (40 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 201 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 41% 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 33% of the median local income ($54k/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 $5k 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 299 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 299 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 1950 — 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. 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: 0.89% ✗
• Cap rate: 7.35%
• Cash-on-cash: 3.78%
• DSCR: 1.17
• GRM: 9.4

CMA / ARV

• ARV (median comp): $128,532
• List price: $169,900
• Delta: 32.19%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2008 Greater Ave	0.24mi	2/1.0 (-1)	750 (-5%)	9mo	$45,000	$60	67
171 Orchid St	0.03mi	2/1.0 (-1)	696 (-12%)	12mo	$75,000	$108	63
325 Hiller Dr	0.75mi	2/1.0 (-1)	821 (+4%)	2mo	$129,900	$158	52
1909 Southern Ave	0.50mi	2/1.0 (-1)	801 (+1%)	22mo	$118,000	$147	52
1893 Southern Ave	0.58mi	2/1.0 (-1)	822 (+4%)	18mo	$160,500	$195	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 · 0.05% rent growth · sell at horizon

5-year hold

• IRR: -13.4%
• Equity multiple: 0.53×
• Total profit: $-22,397
• Equity at exit: $25,333

10-year hold

• IRR: -9.4%
• Equity multiple: 0.49×
• Total profit: $-24,253
• Equity at exit: $14,690

Cash invested: $47,572 (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 39531

• Home prices YoY: -13.0%
• Rents YoY: 0.1%
• Active inventory: 201
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,504 high
• Mortgage (P&I): −$891
• Tax from tax record: −$77 /mo · $925/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $150

Break-even live

Break-even rent $1,315

Max offer price $169,900

Occupancy floor 85%

Sensitivity live

Price	-10% $246	-5% $198	+0% $150	+5% $102	+10% $53
Rent	-10% $31	-5% $90	+0% $150	+5% $209	+10% $269
Rate	-1.0pp $235	-0.5pp $193	base $150	+0.5pp $106	+1.0pp $61

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2068 Beach Blvd Unit 142 Biloxi, MS	2.0	2.0	1001	$1,600	$1.60	15d	1	0.28mi
2068 Beach Blvd Unit 342 Biloxi, MS	2.0	2.0	1001	$1,550	$1.55	15d	1	0.28mi
2068 Beach Blvd Unit 202 Biloxi, MS	2.0	2.0	1001	$1,600	$1.60	45d	1	0.28mi
1910 Southern Ave Biloxi, MS	1.0–2.0	1.0–1.5	725	$1,200	$1.66	15d	2	0.55mi
310 Abbey Ct Biloxi, MS	2.0–3.0	1.0–2.0	1062	$1,275	$1.20	23d	17	0.57mi
330 Belvedere Dr Biloxi, MS	3.0	1.0	1000	$1,200	$1.20	15d	1	0.70mi
245 Mc Donnell Ave Biloxi, MS	2.0	1.0	775	$1,595	$2.06	23d	1	0.94mi
245 Mc Donnell Ave Unit I-164 Biloxi, MS	2.0	1.0	745	$1,195	$1.60	45d	1	1.00mi
245 Mc Donnell Ave Unit E-131 Biloxi, MS	2.0	1.0	745	$995	$1.34	45d	1	1.00mi
141 Pine Grove Ave Biloxi, MS	2.0	1.0	1000	$1,300	$1.30	23d	1	1.19mi
141 Pine Grove Ave Biloxi, MS	2.0	1.0	1000	$1,300	$1.30	15d	1	1.19mi
126 Briarfield Ave Biloxi, MS	2.0	2.0	1000	$1,495	$1.50	45d	1	1.23mi
126 Briarfield Ave Unit B5 Biloxi, MS	2.0	2.0	997	$1,400	$1.40	45d	1	1.23mi
126 Briarfield Ave Unit B11 Biloxi, MS	2.0	2.0	1000	$1,390	$1.39	15d	1	1.23mi
126 Briarfield Ave Unit B2 Biloxi, MS	2.0	2.0	997	$1,410	$1.41	45d	1	1.23mi
126 Briarfield Ave Unit B11 Biloxi, MS	2.0	2.0	1000	$1,390	$1.39	45d	1	1.23mi
1667 Irish Hill Dr Biloxi, MS	1.0–2.0	1.0–1.5	862	$1,049	$1.22	15d	1	1.25mi
169 Briarfield Ave Biloxi, MS	2.0	1.0	1000	$950	$0.95	45d	1	1.25mi
133 Briarfield Ave Biloxi, MS	1.0–2.0	1.0–2.0	800	$1,390	$1.74	15d	1	1.26mi
1713 Stevens St Unit A Biloxi, MS	3.0	2.0	1100	$1,300	$1.18	23d	1	1.29mi
258 Stennis Dr Biloxi, MS	2.0	1.0–2.0	1040	$1,245	$1.20	15d	1	1.31mi
258 Stennis Dr Biloxi, MS	2.0	1.0	930	$1,100	$1.18	45d	1	1.31mi
151 Grande View Dr Biloxi, MS	1.0–3.0	1.0–2.0	1268	$1,889	$1.49	15d	23	1.38mi
1664 Beach Blvd Biloxi, MS	1.0–2.0	1.0–1.5	801	$2,100	$2.62	15d	2	1.42mi
1664 Beach Blvd Biloxi, MS	2.0	1.5	985	$2,295	$2.33	45d	1	1.44mi
122 Coral Breeze Dr Biloxi, MS	3.0	1.5	1000	$2,700	$2.70	45d	1	1.44mi
118 Coral Breeze Dr Biloxi, MS	3.0	1.5	1000	$2,800	$2.80	15d	1	1.46mi

Listing history 25 events

1. 2026-06-21
   days on market $169,900 Active 299 DOM
2. 2026-06-18
   days on market $169,900 Active 296 DOM
3. 2026-06-17
   days on market $169,900 Active 295 DOM
4. 2026-06-16
   days on market $169,900 Active 294 DOM
5. 2026-06-15
   days on market $169,900 Active 293 DOM
6. 2026-06-14
   days on market $169,900 Active 291 DOM
7. 2026-06-13
   days on market $169,900 Active 290 DOM
8. 2026-06-09
   days on market $169,900 Active 287 DOM
9. 2026-06-08
   days on market $169,900 Active 286 DOM
10. 2026-06-07
    days on market $169,900 Active 285 DOM
11. 2026-06-05
    days on market $169,900 Active 282 DOM
12. 2026-06-03
    days on market $169,900 Active 281 DOM
13. 2026-06-02
    days on market $169,900 Active 280 DOM
14. 2026-06-01
    days on market $169,900 Active 279 DOM
15. 2026-05-31
    days on market $169,900 Active 278 DOM
16. 2026-05-30
    days on market $169,900 Active 277 DOM
17. 2025-08-26
    listed $169,900 Active 245-char remark

    Show marketing remark (245 chars)

    Completely renovated bungalow located just blocks from Beach. Large privacy fenced side yard and plenty of parking. Property is currently furnished, and furnishings can be purchased separately with certain exceptions. Agent related to seller.

18. 2021-10-01
    historical
19. 2021-09-22
    historical
20. 2021-09-22
    historical
21. 2021-09-15
    historical
22. 2021-03-12
    listed $127,500
23. 2019-01-18
    listed $84,900
24. 2016-12-01
    listed $67,500
25. 2016-05-31
    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: $925 · $77/mo
• Projected year-2 tax: $1,342 · $112/mo
• Expected delta: +$418/yr (+$35/mo · 45.2%)

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

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (shaded) · 5% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 22 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

Taxation est. · year 1

• Rental income: $18,053
• − Mortgage interest: −$9,517
• − Property taxes: −$925
• − Insurance: −$850
• − Repairs & maintenance: −$1,444
• − Management: −$1,444
• − Depreciation: −$4,943
• Taxable loss: −$1,069
• Est. tax savings @ 24.0%: +$257
• After-tax cash flow: $2,053/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: Biloxi Public School District
• NCES district ID: 2800630
• Math proficiency: 60% ▼ -7.00%
• Reading proficiency: 48% ▼ -3.00%
• Median HH income: $40,608
• Composite: 45.26/100
• National rank: #2657
• State rank: #7 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): 18,918
• Household income: $54,218
• Rent vs Own: 61.4% rent · 38.6% own
• Severe rent burden: 1110.0

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 0.60)
• Race & ethnicity: White 60% Black 18% Two or more races 12% Hispanic / Latino 11% Asian 2%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 6% Slovak 2% Serbian 1%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 89% English-only · Spanish 6% Arabic 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: ▼ -28.97%
• Current HPI: 193.4018
• Rent YoY: ▬ 0.05%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+151.7% since first listed

9 events — show timeline

• 2025-08-26 Listed $169,900 MLSU
• 2021-10-01 Listing Removed — MLSU
• 2021-09-22 Listing Removed — MLSU
• 2021-09-22 Listing Removed — MLSU
• 2021-09-15 Listing Removed — MLSU
• 2021-03-12 Listed $127,500 MLSU
• 2019-01-18 Listed $84,900 MLSU
• 2016-12-01 Listed $67,500 MLSU
• 2016-05-31 Sold (Public Records) — Public Records

Property tax history

+3.9%/yr

Latest (2025): $925 · +26.9% YoY. Source: county tax records.