1635 Hollywood Blvd · Biloxi, MS 39531

$250,000

4 bd · 1.0 ba · 1,290 sqft · SingleFamily public records · 183 Days on market

Built 1958 0.25 ac lot $194/sqft · 91% above area Est $183k · 37% 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 +15.1/30.0
• DSCR +4.6/10.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• 1% rule +2.8/10.0
• 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

Beautifully Remodeled Home Near Keesler AFB & the Gulf Welcome to this beautifully newly remodeled home, ideally located just minutes from Keesler Air Force Base and the Gulf Coast. Thoughtfully renovated from top to bottom, this move-in-ready property offers modern finishes, comfort, and convenience. The home features fresh paint, updated flooring throughout, and stylish new fixtures that create a bright, inviting living space. The fully remodeled kitchen showcases modern cabinetry, sleek countertops, and all new appliances--perfect for everyday living and entertaining. Bathrooms have been tastefully updated with contemporary vanities, fixtures. A new roof, flooring, electrical, plumbing, new HVAC unit and rear deck are all added features. Spacious living areas provide a functional layout, while the refreshed exterior and outdoor space offer room to relax or host guests. With easy access to beaches, dining, shopping, entertainment, and major employers, this home is ideal for military personnel, families, or investors seeking a prime location. Don't miss this opportunity to own a beautifully updated home in one of the area's most desirable locations!

Key facts

• New hvac unit
• Updated flooring
• Rear deck

Tags

• REMODELED HOME
• FULLY REMODELED KITCHEN
• NEW ROOF
• UPDATED FLOORING
• NEW HVAC UNIT
• REAR DECK

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $81 ($974/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 $195k (21.9% below list).
• Recommended offer: $195k (21.9% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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.
• Market conditions: Rents flat; 201 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% 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 43% 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 $2k of loan paydown is wiped out by about $8k 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 183 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $14k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1958 — 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 $195,193 (21.9% below list)

Questions for the listing agent

1. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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: 0.78% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.39%
• DSCR: 1.06
• GRM: 10.7

CMA / ARV

• ARV (median comp): $182,604
• List price: $250,000
• Delta: 36.91%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1616 Hollywood Blvd	0.06mi	3/1.0 (-1)	1,312 (+2%)	18mo	$119,000	$91	74
1630 Hollywood Blvd	0.03mi	3/2.0 (-1)	1,200 (-7%)	10mo	$187,900	$157	70
1623 Hollywood Blvd	0.04mi	3/1.0 (-1)	1,415 (+10%)	16mo	$174,950	$124	64
1688 Sunset Blvd	0.17mi	3/2.0 (-1)	1,436 (+11%)	2mo	$179,500	$125	62
1610 Wiltshire Blvd	0.19mi	4/3.0	1,420 (+10%)	6mo	$180,000	$127	62
1728 James Buchanan Dr	0.33mi	3/2.0 (-1)	1,160 (-10%)	2mo	$179,900	$155	57
277 Dewey Cir	0.68mi	3/1.0 (-1)	1,300 (+1%)	12mo	$149,995	$115	52
1772 Pass Rd	0.64mi	3/2.0 (-1)	1,353 (+5%)	8mo	$125,000	$92	46
277 Rodenberg Ave	0.56mi	3/1.0 (-1)	1,159 (-10%)	11mo	$129,000	$111	43
1736 Thomas Jefferson Dr	0.33mi	3/2.0 (-1)	1,482 (+15%)	13mo	$187,000	$126	39
1760 Corley St	0.57mi	3/1.0 (-1)	1,171 (-9%)	18mo	$149,700	$128	38
1778 Corley St	0.62mi	3/2.0 (-1)	1,392 (+8%)	16mo	$104,000	$75	36

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: -17.0%
• Equity multiple: 0.41×
• Total profit: $-41,104
• Equity at exit: $37,276

10-year hold

• IRR: -14.5%
• Equity multiple: 0.26×
• Total profit: $-51,453
• Equity at exit: $21,615

Cash invested: $70,000 (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: 10.7×

Monthly cashflow live

• Estimated rent: $1,952 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$46 /mo · $548/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $81

Break-even live

Break-even rent $1,849

Max offer price $250,000

Occupancy floor 91%

Sensitivity live

Price	-10% $223	-5% $152	+0% $81	+5% $10	+10% $-358
Rent	-10% $-73	-5% $4	+0% $81	+5% $158	+10% $235
Rate	-1.0pp $207	-0.5pp $145	base $81	+0.5pp $16	+1.0pp $-50

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1737 James Buchanan Dr Biloxi, MS	3.0	2.0	1328	$1,650	$1.24	44d	1	0.35mi
1616 Gordon Ave Biloxi, MS	3.0	1.0	900	$1,425	$1.58	22d	1	0.39mi
270 Rodenberg Ave Biloxi, MS	3.0	2.0	1180	$1,100	$0.93	44d	1	0.56mi
1713 Stevens St Unit A Biloxi, MS	3.0	2.0	1100	$1,300	$1.18	22d	1	0.75mi
187 Bilmarsan Dr Biloxi, MS	3.0	2.0	1850	$2,670	$1.44	44d	1	0.82mi
122 Coral Breeze Dr Biloxi, MS	3.0	1.5	1000	$2,700	$2.70	44d	1	0.93mi
1805 Irish Hill Dr #4 Biloxi, MS	3.0	2.0	1600	$2,400	$1.50	44d	1	0.99mi
118 Coral Breeze Dr Biloxi, MS	3.0	1.5	1000	$2,800	$2.80	14d	1	1.01mi
340 Hiller Dr Biloxi, MS	3.0	2.0	1447	$1,749	$1.21	22d	1	1.03mi
1623 Cayman Cv Biloxi, MS	3.0	2.0	1397	$3,700	$2.65	14d	1	1.05mi
630 Bay Cove Dr Biloxi, MS	2.0–3.0	2.0	1780	$3,450	$1.94	44d	2	1.08mi
330 Belvedere Dr Biloxi, MS	3.0	1.0	1000	$1,200	$1.20	14d	1	1.25mi
185 Saint Jude St Biloxi, MS	3.0	2.0	1554	$1,875	$1.21	44d	1	1.48mi

Listing history 25 events

1. 2026-06-18
   days on market $250,000 Active 183 DOM
2. 2026-06-17
   days on market $250,000 Active 182 DOM
3. 2026-06-16
   days on market $250,000 Active 181 DOM
4. 2026-06-15
   days on market $250,000 Active 180 DOM
5. 2026-06-14
   days on market $250,000 Active 178 DOM
6. 2026-06-13
   days on market $250,000 Active 177 DOM
7. 2026-06-09
   days on market $250,000 Active 174 DOM
8. 2026-06-08
   days on market $250,000 Active 173 DOM
9. 2026-06-07
   days on market $250,000 Active 172 DOM
10. 2026-06-05
    days on market $250,000 Active 169 DOM
11. 2026-06-03
    days on market $250,000 Active 168 DOM
12. 2026-06-02
    days on market $250,000 Active 167 DOM
13. 2026-06-01
    days on market $250,000 Active 166 DOM
14. 2026-05-31
    days on market $250,000 Active 165 DOM
15. 2026-05-30
    pricedays on market $250,000 Active 164 DOM
16. 2026-02-02
    price $255,000 1184-char remark

    Show marketing remark (1184 chars)

    Beautifully Remodeled Home Near Keesler AFB & the Gulf Welcome to this beautifully newly remodeled home, ideally located just minutes from Keesler Air Force Base and the Gulf Coast. Thoughtfully renovated from top to bottom, this move-in-ready property offers modern finishes, comfort, and convenience. The home features fresh paint, updated flooring throughout, and stylish new fixtures that create a bright, inviting living space. The fully remodeled kitchen showcases modern cabinetry, sleek countertops, and all new appliances--perfect for everyday living and entertaining. Bathrooms have been tastefully updated with contemporary vanities, fixtures. A new roof, flooring, electrical, plumbing, new HVAC unit and rear deck are all added features. Spacious living areas provide a functional layout, while the refreshed exterior and outdoor space offer room to relax or host guests. With easy access to beaches, dining, shopping, entertainment, and major employers, this home is ideal for military personnel, families, or investors seeking a prime location. Don't miss this opportunity to own a beautifully updated home in one of the area's most desirable locations!

17. 2025-12-17
    listed $264,000 Active 1184-char remark

    Show marketing remark (1184 chars)

    Beautifully Remodeled Home Near Keesler AFB & the Gulf Welcome to this beautifully newly remodeled home, ideally located just minutes from Keesler Air Force Base and the Gulf Coast. Thoughtfully renovated from top to bottom, this move-in-ready property offers modern finishes, comfort, and convenience. The home features fresh paint, updated flooring throughout, and stylish new fixtures that create a bright, inviting living space. The fully remodeled kitchen showcases modern cabinetry, sleek countertops, and all new appliances--perfect for everyday living and entertaining. Bathrooms have been tastefully updated with contemporary vanities, fixtures. A new roof, flooring, electrical, plumbing, new HVAC unit and rear deck are all added features. Spacious living areas provide a functional layout, while the refreshed exterior and outdoor space offer room to relax or host guests. With easy access to beaches, dining, shopping, entertainment, and major employers, this home is ideal for military personnel, families, or investors seeking a prime location. Don't miss this opportunity to own a beautifully updated home in one of the area's most desirable locations!

18. 2025-08-20
    soldstatus
19. 2025-08-19
    soldstatus Closed 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

20. 2025-08-12
    status Pending 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

21. 2025-05-14
    price $85,000 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

22. 2025-04-30
    price $90,000 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

23. 2025-04-12
    status Active 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

24. 2025-04-04
    status Pending 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

25. 2025-03-30
    listed $95,000 Active 510-char remark

    Show marketing remark (510 chars)

    Investor Special - Fixer Upper with Huge Potential! This 4-bedroom, 2-bathroom home, built in 1958, is a fantastic opportunity for investors or those looking for a project with great potential. Located near Keesler Air Force Base, this property offers convenience and a promising return on investment. This home is ready for a transformation. Ideal for a cash buyer, this is a great opportunity to renovate and add value. Sold as is. Don't miss out—schedule a viewing today and bring your vision to life!

ⓘ 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: $548 · $46/mo
• Projected year-2 tax: $1,975 · $165/mo
• Expected delta: +$1,427/yr (+$119/mo · 260.4%)

ⓘ 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 1/10 Low
• 🌡 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: $23,423
• − Mortgage interest: −$14,004
• − Property taxes: −$548
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,874
• − Management: −$1,874
• − Depreciation: −$7,273
• Taxable loss: −$3,399
• Est. tax savings @ 24.0%: +$816
• After-tax cash flow: $1,790/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

+168.4% since first listed

10 events — show timeline

• 2026-02-02 Price Changed $255,000 MLSU
• 2025-12-17 Listed $264,000 MLSU
• 2025-08-20 Sold (Public Records) — Public Records
• 2025-08-19 Sold (MLS) — MLSU
• 2025-08-12 Pending — MLSU
• 2025-05-14 Price Changed $85,000 MLSU
• 2025-04-30 Price Changed $90,000 MLSU
• 2025-04-12 Relisted — MLSU
• 2025-04-04 Pending — MLSU
• 2025-03-30 Listed $95,000 MLSU

Property tax history

+1.4%/yr

Latest (2025): $548 · +3.9% YoY. Source: county tax records.