7208 Hampton Dr · St. Martin, MS 39532

$239,900

4 bd · 2.0 ba · 2,104 sqft · SingleFamily public records · 13 Days on market

Built 1965 9,583 sqft lot Est $238k · at est.

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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 +13.5/30.0
• ARV discount +7.1/15.0
• Schools +4.4/10.0
• DSCR +4.1/10.0
• 1% rule +3.8/10.0
• 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

Sprawling 4BR/2BA home featuring formal living and dining rooms, 17.5'X28'family room, 12'X17.5 cover and screened porch, one car garage with additional 24X24 garage and workshop sitting on a sodded and fenced yard. Located minutes to shopping, dining, theaters, I10, beach's, casinos and KAFB.

Key facts

• Covered carport
• Garage workshop
• Updated flooring

Tags

• UPDATED FLOORING
• UPDATED KITCHEN
• MULTIPLE OUTDOOR LIVING SPACES
• COVERED CARPORT
• GARAGE WORKSHOP

Property features AI

Finance

• HOA & community: Curbs; Street lights; Near entertainment

Exterior

• Parking: Attached garage (1 car); Carport (2 cars); Concrete driveway; Garage door opener; Garage faces front; Second garage and workshop structure
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected
• Home design: Single-family house; One level; Move-in ready
• Construction: Brick veneer exterior; Asphalt shingle roof; Slab foundation; Built (year per public records)
• Exterior features: Awning-covered patios/porches; Rear porch; Side porch; Screened porch; Rain gutters; Chain link fence enclosing backyard; Landscaped front yard; Rectangular lot

Interior

• Kitchen: Dishwasher; Disposal; Oven; Range hood; Refrigerator; Stainless steel appliances; Exhaust fan; Gas water heater
• Flooring: Luxury vinyl; Carpet; Linoleum; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric)
• Interior features: Ceiling fans; Laminate counters; Pantry; Smart thermostat; Double vanity; Breakfast bar; Dead bolt locks; French doors; Metal insulated doors; Storm doors
• Laundry & utility: Washer hookup; Gas dryer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $7 ($81/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 $211k (12.2% below list).
• Recommended offer: $211k (12.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — 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); 393 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 37% 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 $7k of value loss. Plan a longer hold.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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

• 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 $210,714 (12.2% below list)

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.88% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.12%
• DSCR: 1.01
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $237,752
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15805 Big Ridge Rd	0.18mi	4/2.0	2,200 (+5%)	12mo	$199,900	$91	74
15708 Orleans Dr	0.16mi	3/2.0 (-1)	1,800 (-14%)	8mo	$164,000	$91	57
7650 Lexington Dr	0.42mi	4/3.0	2,337 (+11%)	5mo	$239,900	$103	54
15900 Van Eaton Cir	0.32mi	3/2.0 (-1)	2,350 (+12%)	10mo	$195,000	$83	52
15924 Cottonwood Dr	0.65mi	4/2.0	2,000 (-5%)	12mo	$389,900	$195	51
15405 Needle St	0.60mi	4/2.5	1,942 (-8%)	8mo	$280,000	$144	51
15920 Hardwood Pl	0.37mi	3/2.0 (-1)	1,820 (-14%)	8mo	$254,900	$140	49
7604 Newton Dr	0.48mi	4/2.5	1,800 (-14%)	8mo	$199,999	$111	45
7641 Portland Dr	0.62mi	4/2.0	2,290 (+9%)	14mo	$275,000	$120	44
6588 Rye Grass Rd	0.66mi	4/2.0	1,904 (-10%)	12mo	$289,000	$152	44
6601 April Bayou Dr	0.68mi	4/2.0	2,400 (+14%)	5mo	$270,000	$113	41
7400 Kentwood Dr	0.68mi	3/2.0 (-1)	1,830 (-13%)	3mo	$185,000	$101	39

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: -16.1%
• Equity multiple: 0.43×
• Total profit: $-38,455
• Equity at exit: $35,770

10-year hold

• IRR: -7.8%
• Equity multiple: 0.51×
• Total profit: $-32,977
• Equity at exit: $20,742

Cash invested: $67,172 (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: 9.5×

Monthly cashflow live

• Estimated rent: $2,107 high
• Mortgage (P&I): −$1,258
• Tax est. 1.5%: −$300 /mo · $3,598/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $7

Break-even live

Break-even rent $2,099

Max offer price $239,900

Occupancy floor 95%

Sensitivity live

Price	-10% $173	-5% $90	+0% $7	+5% $-76	+10% $-159
Rent	-10% $-160	-5% $-76	+0% $7	+5% $90	+10% $173
Rate	-1.0pp $128	-0.5pp $68	base $7	+0.5pp $-55	+1.0pp $-119

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16016 Lemoyne Blvd Biloxi, MS	1.0–3.0	1.0–2.0	1126	$1,607	$1.43	15d	18	0.52mi
7201 Bienville Dr Biloxi, MS	3.0	2.0	2004	$1,995	$1.00	15d	1	0.53mi
15208 Lisa Dr Biloxi, MS	4.0	3.0	2094	$2,400	$1.15	22d	1	0.56mi
16201 Cervantes Ct Biloxi, MS	4.0	2.0	1404	$1,975	$1.41	45d	1	0.61mi
15429 Straw St Biloxi, MS	3.0	2.5	2324	$2,500	$1.08	45d	1	0.66mi
611 Peach St D'Iberville, MS	3.0	2.5	1589	$2,500	$1.57	45d	1	1.04mi
14510 Lemoyne Blvd Biloxi, MS	1.0–3.0	1.0–2.0	1125	$1,590	$1.41	15d	9	1.08mi

Listing history 13 events

1. 2026-06-10
   status $239,900 Pending 13 DOM
2. 2026-06-09
   days on market $239,900 Active 13 DOM
3. 2026-06-08
   days on market $239,900 Active 12 DOM
4. 2026-06-07
   days on market $239,900 Active 11 DOM
5. 2026-06-05
   days on market $239,900 Active 8 DOM
6. 2026-06-03
   days on market $239,900 Active 7 DOM
7. 2026-06-02
   days on market $239,900 Active 6 DOM
8. 2026-06-01
   days on market $239,900 Active 5 DOM
9. 2026-05-31
   days on market $239,900 Active 4 DOM
10. 2026-05-30
    days on market $239,900 Active 3 DOM
11. 2026-05-27
    listed $239,900 Active
12. 2016-11-10
    soldstatus 294-char remark

    Show marketing remark (294 chars)

    Sprawling 4BR/2BA home featuring formal living and dining rooms, 17.5'X28'family room, 12'X17.5 cover and screened porch, one car garage with additional 24X24 garage and workshop sitting on a sodded and fenced yard. Located minutes to shopping, dining, theaters, I10, beach's, casinos and KAFB.

13. 2016-07-07
    listed $104,900 294-char remark

    Show marketing remark (294 chars)

    Sprawling 4BR/2BA home featuring formal living and dining rooms, 17.5'X28'family room, 12'X17.5 cover and screened porch, one car garage with additional 24X24 garage and workshop sitting on a sodded and fenced yard. Located minutes to shopping, dining, theaters, I10, beach's, casinos and KAFB.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (unshaded) · 3% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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: $25,286
• − Mortgage interest: −$13,438
• − Property taxes: −$3,598
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,023
• − Management: −$2,023
• − Depreciation: −$6,979
• Taxable loss: −$3,975
• Est. tax savings @ 24.0%: +$954
• After-tax cash flow: $1,035/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

+128.7% since first listed

3 events — show timeline

• 2026-05-27 Listed $239,900 MLSU
• 2016-11-10 Sold (MLS) — MLSU
• 2016-07-07 Listed $104,900 MLSU

Property tax history

+8.4%/yr

Latest (2025): $238 · -1.2% YoY. Source: county tax records.