1739 Thomas Jefferson Dr · Biloxi, MS 39531

$189,000

3 bd · 1.0 ba · 1,536 sqft · SingleFamily public records · 257 Days on market

Built 1968 0.25 ac lot $123/sqft · 14% above area Est $200k · 6% under ↓ 10% since listing

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Why this score? — see what drove the C- 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 +17.9/30.0
• ARV discount +10.0/15.0
• DSCR +5.6/10.0
• Schools +4.5/10.0
• 1% rule +4.1/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

Key facts

• Large fenced-in yard
• Great location
• Huge back porch

Tags

• TWO GENEROUS LIVING ROOMS
• LARGE FENCED-IN YARD
• HUGE BACK PORCH
• GREAT LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $159 ($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 $173k (8.6% below list).
• Recommended offer: $166k (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.
• 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 38% 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 $6k 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 257 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $31k (14%) 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 257 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 1968 — 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: 0.91% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.61%
• DSCR: 1.16
• GRM: 9.1

CMA / ARV

• ARV (median comp): $200,036
• List price: $189,000
• Delta: -5.52%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1713 James Madison Dr	0.13mi	3/2.0	1,600 (+4%)	1mo	$211,000	$132	82
1688 Sunset Blvd	0.20mi	3/2.0	1,436 (-6%)	2mo	$179,500	$125	74
1648 Hollywood Blvd	0.30mi	3/2.0	1,489 (-3%)	4mo	$189,000	$127	73
1775 Currie St	0.29mi	3/2.0	1,630 (+6%)	6mo	$145,000	$89	67
1616 Saint Ann Ave	0.43mi	3/2.0	1,645 (+7%)	2mo	$219,900	$134	62
257 Beeman Dr	0.51mi	3/2.0	1,600 (+4%)	6mo	$199,000	$124	60
266 Beeman Dr	0.47mi	3/1.0	1,636 (+6%)	12mo	$189,500	$116	57
1772 Pass Rd	0.37mi	3/2.0	1,353 (-12%)	8mo	$125,000	$92	52
313 Hiller Dr	0.69mi	4/1.5 (+1)	1,576 (+3%)	6mo	$178,000	$113	51
1604 Lewis Ave	0.52mi	4/2.0 (+1)	1,635 (+6%)	6mo	$204,000	$125	51
1610 Wiltshire Blvd	0.45mi	4/3.0 (+1)	1,420 (-8%)	6mo	$180,000	$127	49
244 Beeman Dr	0.56mi	4/2.0 (+1)	1,342 (-13%)	3mo	$219,900	$164	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 · 0.05% rent growth · sell at horizon

5-year hold

• IRR: -13.8%
• Equity multiple: 0.52×
• Total profit: $-25,496
• Equity at exit: $28,181

10-year hold

• IRR: -10.1%
• Equity multiple: 0.46×
• Total profit: $-28,543
• Equity at exit: $16,341

Cash invested: $52,920 (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: 9.1×

Monthly cashflow live

• Estimated rent: $1,727 high
• Mortgage (P&I): −$991
• Tax from tax record: −$135 /mo · $1,618/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $159

Break-even live

Break-even rent $1,525

Max offer price $189,000

Occupancy floor 86%

Sensitivity live

Price	-10% $266	-5% $213	+0% $159	+5% $106	+10% $52
Rent	-10% $23	-5% $91	+0% $159	+5% $227	+10% $296
Rate	-1.0pp $254	-0.5pp $207	base $159	+0.5pp $110	+1.0pp $60

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: $47,250
• Closing costs: $5,670
• 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	0.10mi
270 Rodenberg Ave Biloxi, MS	3.0	2.0	1180	$1,100	$0.93	44d	1	0.50mi
1713 Stevens St Unit A Biloxi, MS	3.0	2.0	1100	$1,300	$1.18	22d	1	0.66mi
340 Hiller Dr Biloxi, MS	3.0	2.0	1447	$1,749	$1.21	22d	1	0.72mi
1805 Irish Hill Dr #4 Biloxi, MS	3.0	2.0	1600	$2,400	$1.50	44d	1	0.79mi
187 Bilmarsan Dr Biloxi, MS	3.0	2.0	1850	$2,670	$1.44	44d	1	0.82mi
1623 Cayman Cv Biloxi, MS	3.0	2.0	1397	$3,700	$2.65	14d	1	1.06mi
154 Saint Charles Ave Biloxi, MS	2.0	1.0	1292	$1,400	$1.08	44d	1	1.06mi
630 Bay Cove Dr Biloxi, MS	2.0–3.0	2.0	1780	$3,450	$1.94	44d	2	1.19mi
1496 Beach Blvd Biloxi, MS	2.0	2.0	1150	$1,650	$1.43	44d	1	1.26mi
1496 Beach Blvd Biloxi, MS	2.0	1.5	1100	$1,450	$1.32	14d	1	1.26mi
2046 Beach Blvd Biloxi, MS	2.0	2.0	1152	$2,200	$1.91	22d	1	1.38mi
310 Abbey Ct Biloxi, MS	2.0–3.0	1.0–2.0	1062	$1,275	$1.20	22d	17	1.48mi

Listing history 25 events

1. 2026-06-21
   statusdays on market $189,000 Pending 257 DOM
2. 2026-06-18
   days on market $189,000 Active 255 DOM
3. 2026-06-17
   days on market $189,000 Active 254 DOM
4. 2026-06-16
   days on market $189,000 Active 253 DOM
5. 2026-06-15
   price $189,000 Active 252 DOM
6. 2026-06-15
   days on market $199,000 Active 252 DOM
7. 2026-06-14
   days on market $199,000 Active 250 DOM
8. 2026-06-13
   days on market $199,000 Active 249 DOM
9. 2026-06-09
   days on market $199,000 Active 246 DOM
10. 2026-06-08
    days on market $199,000 Active 245 DOM
11. 2026-06-07
    days on market $199,000 Active 244 DOM
12. 2026-06-05
    days on market $199,000 Active 241 DOM
13. 2026-06-03
    days on market $199,000 Active 240 DOM
14. 2026-06-02
    days on market $199,000 Active 239 DOM
15. 2026-06-01
    days on market $199,000 Active 238 DOM
16. 2026-05-31
    days on market $199,000 Active 237 DOM
17. 2026-05-30
    days on market $199,000 Active 236 DOM
18. 2026-04-21
    status Active 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

19. 2026-03-29
    status Pending 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

20. 2026-03-14
    status Active 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

21. 2026-02-27
    status Pending 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

22. 2026-02-24
    price $199,000 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

23. 2025-12-03
    price $210,000 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

24. 2025-10-24
    price $215,000 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

25. 2025-08-27
    listed $220,000 Active 754-char remark

    Show marketing remark (754 chars)

    Back on market, BELOW APPRAISED VALUE. This spacious 3-bedroom, 2-bath home offers a fantastic opportunity to make it your own! Featuring two generous living rooms, there's plenty of space for relaxing, entertaining, or creating a home office or playroom. While the home has some dated finishes, it boasts solid bones and endless potential for updates and customization. Enjoy outdoor living with a large fenced-in yard—perfect for pets, gardening, or family fun—and a huge back porch ideal for summer BBQs or quiet evenings under the stars. Whether you're a first-time buyer or looking for a property to personalize, this home is full of promise in a great location. Don't miss your chance to turn this well-loved home into your dream space!

ⓘ 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: $1,618 · $135/mo
• Projected year-2 tax: $1,618 · $135/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% 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: $20,719
• − Mortgage interest: −$10,587
• − Property taxes: −$1,618
• − Insurance: −$945
• − Repairs & maintenance: −$1,657
• − Management: −$1,657
• − Depreciation: −$5,498
• Taxable loss: −$1,244
• Est. tax savings @ 24.0%: +$299
• After-tax cash flow: $2,210/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

-9.5% since first listed

8 events — show timeline

• 2026-04-21 Relisted — MLSU
• 2026-03-29 Pending — MLSU
• 2026-03-14 Relisted — MLSU
• 2026-02-27 Pending — MLSU
• 2026-02-24 Price Changed $199,000 MLSU
• 2025-12-03 Price Changed $210,000 MLSU
• 2025-10-24 Price Changed $215,000 MLSU
• 2025-08-27 Listed $220,000 MLSU

Property tax history

+41.7%/yr

Latest (2025): $1,618 · +2.5% YoY. Source: county tax records.