734 Canterbury Dr · Biloxi, MS 39532

$200,000

3 bd · 1.0 ba · 1,702 sqft · SingleFamily public records · 109 Days on market

Built 1971 0.26 ac lot $118/sqft · at area comps Est $247k · 19% under ↓ 7% 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 +15.4/30.0
• ARV discount +15.0/15.0
• DSCR +4.7/10.0
• Schools +4.5/10.0
• 1% rule +4.2/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious, solid, and perfectly positioned -- welcome to 734 Canterbury Drive! This well-maintained single-story home offers an inviting open layout with generous living and dining space, ideal for everyday living and entertaining. The oversized living room features a beautiful brick fireplace and flows seamlessly into the dining area and kitchen, creating a comfortable gathering space for family and friends. The kitchen offers abundant cabinetry, ample counter space, built-in oven, and an easy pass-through design that keeps everyone connected. Ceramic tile flooring throughout the main living areas provides durability and low-maintenance convenience. The primary suite includes its own private bath, while additional bedrooms offer flexible space for guests, office, or hobbies. A spacious laundry room with built-in storage adds everyday functionality. Step outside to a large fenced backyard complete with a deck and above-ground pool -- perfect for summer gatherings, grilling, and enjoying Mississippi Gulf Coast evenings. The yard offers plenty of room for pets, play, or future enhancements. Additional highlights include: • Full 2-car garage • Mature landscaping with palm trees • Established neighborhood • Convenient access to nearby water, shopping, dining, and Keesler AFB With solid construction, generous square footage, and a prime location near the water, this home is ready for its next chapter. Schedule your private showing today -- opportunities in this area don't last long.

Key facts

• Brick fireplace
• Private bath
• Open layout

Tags

• OPEN LAYOUT
• BRICK FIREPLACE
• ABUNDANT CABINETRY
• CERAMIC TILE FLOORING
• PRIVATE BATH
• BUILT-IN STORAGE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $77 ($929/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 $185k (7.6% below list).
• Recommended offer: $182k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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 rising (+3.0%/yr); 392 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 32% 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 $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 109 days — a 9% lower offer ($182k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,000 (9.0% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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: 0.92% ✗
• Cap rate: 6.76%
• Cash-on-cash: 1.66%
• DSCR: 1.07
• GRM: 9.0

CMA / ARV

• ARV (median comp): $247,051
• List price: $200,000
• Delta: -19.05%
• 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
707 Holly Hills Dr	0.15mi	3/2.0	1,723 (+1%)	1mo	$365,000	$212	86
726 Sharon Hills Dr	0.03mi	4/2.0 (+1)	1,822 (+7%)	1mo	$246,500	$135	77
830 Bluewood Dr	0.40mi	3/2.0	1,734 (+2%)	2mo	$230,000	$133	72
789 Sharon Hills Dr	0.14mi	4/2.0 (+1)	1,876 (+10%)	0mo	$255,000	$136	67
757 Canterbury Dr	0.13mi	3/2.0	1,920 (+13%)	2mo	$265,000	$138	67
774 Sharon Hills Dr	0.12mi	4/2.5 (+1)	1,535 (-10%)	1mo	$145,200	$95	66
2185 Baywood Dr	0.48mi	3/2.0	1,596 (-6%)	1mo	$224,900	$141	62
2070 Camp Wilkes Rd	0.26mi	3/2.0	1,484 (-13%)	1mo	$218,500	$147	62
825 Bilglade Dr	0.71mi	3/2.0	1,680 (-1%)	3mo	$234,000	$139	59
844 Carolee Cir	0.47mi	4/2.0 (+1)	1,575 (-8%)	2mo	$259,500	$165	55
2091 Carolwood Dr	0.39mi	3/2.0	1,491 (-12%)	3mo	$217,000	$146	55
856 Rustwood Dr	0.49mi	4/2.0 (+1)	1,837 (+8%)	2mo	$249,900	$136	53

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: -13.7%
• Equity multiple: 0.51×
• Total profit: $-27,486
• Equity at exit: $29,821

10-year hold

• IRR: -4.8%
• Equity multiple: 0.69×
• Total profit: $-17,622
• Equity at exit: $17,292

Cash invested: $56,000 (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 39532

• Rents YoY: 3.0%
• Active inventory: 392
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,848 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $77

Break-even live

Break-even rent $1,750

Max offer price $200,000

Occupancy floor 91%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
860 Leeward Dr Biloxi, MS	4.0	2.0	1885	$2,650	$1.41	14d	1	0.56mi
2171 Popps Ferry Rd Biloxi, MS	4.0	2.0	1625	$1,600	$0.98	44d	1	0.57mi
883 Rustwood Dr Biloxi, MS	3.0	2.0	1188	$1,700	$1.43	21d	1	0.61mi
875 Laurelwood Dr Biloxi, MS	2.0	2.0	1200	$1,750	$1.46	14d	1	0.65mi
1955 Popps Ferry Rd Biloxi, MS	1.0–3.0	1.0–2.0	1347	$1,647	$1.22	44d	1	0.74mi
495 Popps Ferry Rd #77 Biloxi, MS	2.0	2.5	1524	$2,000	$1.31	21d	1	1.30mi
2411 Sunkist Country Club Rd Biloxi, MS	3.0	2.0	1592	$1,800	$1.13	44d	1	1.31mi
495 Popps Ferry Rd Biloxi, MS	2.0	1.5–2.5	1455	$1,850	$1.27	44d	2	1.33mi

Listing history 21 events

1. 2026-06-18
   days on market $200,000 Active 109 DOM
2. 2026-06-17
   days on market $200,000 Active 108 DOM
3. 2026-06-16
   days on market $200,000 Active 107 DOM
4. 2026-06-15
   days on market $200,000 Active 106 DOM
5. 2026-06-14
   days on market $200,000 Active 104 DOM
6. 2026-06-13
   days on market $200,000 Active 103 DOM
7. 2026-06-09
   days on market $200,000 Active 100 DOM
8. 2026-06-08
   days on market $200,000 Active 99 DOM
9. 2026-06-07
   days on market $200,000 Active 98 DOM
10. 2026-06-05
    days on market $200,000 Active 95 DOM
11. 2026-06-03
    days on market $200,000 Active 94 DOM
12. 2026-06-03
    price $200,000 Active 93 DOM
13. 2026-06-02
    days on market $215,900 Active 93 DOM
14. 2026-06-01
    days on market $215,900 Active 92 DOM
15. 2026-05-31
    days on market $215,900 Active 91 DOM
16. 2026-05-30
    days on market $215,900 Active 90 DOM
17. 2026-05-16
    status Pending 1543-char remark

    Show marketing remark (1543 chars)

    Spacious, solid, and perfectly positioned -- welcome to 734 Canterbury Drive! This well-maintained single-story home offers an inviting open layout with generous living and dining space, ideal for everyday living and entertaining. The oversized living room features a beautiful brick fireplace and flows seamlessly into the dining area and kitchen, creating a comfortable gathering space for family and friends. The kitchen offers abundant cabinetry, ample counter space, built-in oven, and an easy pass-through design that keeps everyone connected. Ceramic tile flooring throughout the main living areas provides durability and low-maintenance convenience. The primary suite includes its own private bath, while additional bedrooms offer flexible space for guests, office, or hobbies. A spacious laundry room with built-in storage adds everyday functionality. Step outside to a large fenced backyard complete with a deck and above-ground pool -- perfect for summer gatherings, grilling, and enjoying Mississippi Gulf Coast evenings. The yard offers plenty of room for pets, play, or future enhancements. Additional highlights include: • Full 2-car garage • Mature landscaping with palm trees • Established neighborhood • Convenient access to nearby water, shopping, dining, and Keesler AFB With solid construction, generous square footage, and a prime location near the water, this home is ready for its next chapter. Schedule your private showing today -- opportunities in this area don't last long.

18. 2026-05-01
    price $215,900 1543-char remark

    Show marketing remark (1543 chars)

    Spacious, solid, and perfectly positioned -- welcome to 734 Canterbury Drive! This well-maintained single-story home offers an inviting open layout with generous living and dining space, ideal for everyday living and entertaining. The oversized living room features a beautiful brick fireplace and flows seamlessly into the dining area and kitchen, creating a comfortable gathering space for family and friends. The kitchen offers abundant cabinetry, ample counter space, built-in oven, and an easy pass-through design that keeps everyone connected. Ceramic tile flooring throughout the main living areas provides durability and low-maintenance convenience. The primary suite includes its own private bath, while additional bedrooms offer flexible space for guests, office, or hobbies. A spacious laundry room with built-in storage adds everyday functionality. Step outside to a large fenced backyard complete with a deck and above-ground pool -- perfect for summer gatherings, grilling, and enjoying Mississippi Gulf Coast evenings. The yard offers plenty of room for pets, play, or future enhancements. Additional highlights include: • Full 2-car garage • Mature landscaping with palm trees • Established neighborhood • Convenient access to nearby water, shopping, dining, and Keesler AFB With solid construction, generous square footage, and a prime location near the water, this home is ready for its next chapter. Schedule your private showing today -- opportunities in this area don't last long.

19. 2026-03-15
    price $219,900 1543-char remark

    Show marketing remark (1543 chars)

    Spacious, solid, and perfectly positioned -- welcome to 734 Canterbury Drive! This well-maintained single-story home offers an inviting open layout with generous living and dining space, ideal for everyday living and entertaining. The oversized living room features a beautiful brick fireplace and flows seamlessly into the dining area and kitchen, creating a comfortable gathering space for family and friends. The kitchen offers abundant cabinetry, ample counter space, built-in oven, and an easy pass-through design that keeps everyone connected. Ceramic tile flooring throughout the main living areas provides durability and low-maintenance convenience. The primary suite includes its own private bath, while additional bedrooms offer flexible space for guests, office, or hobbies. A spacious laundry room with built-in storage adds everyday functionality. Step outside to a large fenced backyard complete with a deck and above-ground pool -- perfect for summer gatherings, grilling, and enjoying Mississippi Gulf Coast evenings. The yard offers plenty of room for pets, play, or future enhancements. Additional highlights include: • Full 2-car garage • Mature landscaping with palm trees • Established neighborhood • Convenient access to nearby water, shopping, dining, and Keesler AFB With solid construction, generous square footage, and a prime location near the water, this home is ready for its next chapter. Schedule your private showing today -- opportunities in this area don't last long.

20. 2026-02-23
    listed $232,000 Active 1543-char remark

    Show marketing remark (1543 chars)

    Spacious, solid, and perfectly positioned -- welcome to 734 Canterbury Drive! This well-maintained single-story home offers an inviting open layout with generous living and dining space, ideal for everyday living and entertaining. The oversized living room features a beautiful brick fireplace and flows seamlessly into the dining area and kitchen, creating a comfortable gathering space for family and friends. The kitchen offers abundant cabinetry, ample counter space, built-in oven, and an easy pass-through design that keeps everyone connected. Ceramic tile flooring throughout the main living areas provides durability and low-maintenance convenience. The primary suite includes its own private bath, while additional bedrooms offer flexible space for guests, office, or hobbies. A spacious laundry room with built-in storage adds everyday functionality. Step outside to a large fenced backyard complete with a deck and above-ground pool -- perfect for summer gatherings, grilling, and enjoying Mississippi Gulf Coast evenings. The yard offers plenty of room for pets, play, or future enhancements. Additional highlights include: • Full 2-car garage • Mature landscaping with palm trees • Established neighborhood • Convenient access to nearby water, shopping, dining, and Keesler AFB With solid construction, generous square footage, and a prime location near the water, this home is ready for its next chapter. Schedule your private showing today -- opportunities in this area don't last long.

21. 2013-04-02
    soldstatus

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 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: $22,171
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,774
• − Management: −$1,774
• − Depreciation: −$5,818
• Taxable loss: −$2,398
• Est. tax savings @ 24.0%: +$575
• After-tax cash flow: $1,505/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): 36,662
• Household income: $68,710
• Rent vs Own: 36.7% rent · 63.3% own
• Severe rent burden: 954.0

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: 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 · 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: ▼ -90.04%
• Current HPI: 154.9975
• Rent YoY: ▲ 2.98%
• Metro: Gulfport-Biloxi, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-6.9% since first listed

5 events — show timeline

• 2026-05-16 Pending — MLSU
• 2026-05-01 Price Changed $215,900 MLSU
• 2026-03-15 Price Changed $219,900 MLSU
• 2026-02-23 Listed $232,000 MLSU
• 2013-04-02 Sold (Public Records) — Public Records

Property tax history

-1.1%/yr

Latest (2025): $320 · +0.9% YoY. Source: county tax records.