3024 Longwood Dr · Jackson, MS 39212

$94,900

4 bd · 2.0 ba · 1,920 sqft · SingleFamily public records · 17 Days on market

Built 1967 0.29 ac lot Est $83k · 15% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• ARV discount +0.8/15.0
• Appreciation +0.0/10.0

Listing remarks

Charming 4-bedroom, 2-bath home offering 1,920± sq ft of living space on a 0.29-acre lot. Features include a spacious living area with fireplace, eat-in kitchen, and a large backyard perfect for outdoor enjoyment. Conveniently located near schools, shopping, dining, and major roadways.

Key facts

• Large backyard
• Eat-in kitchen
• 0.29 acre lot

Tags

• LIVING AREA WITH FIREPLACE
• EAT-IN KITCHEN
• LARGE BACKYARD

Property features AI

Finance

• HOA & community: Sidewalks; Street lights

Exterior

• Parking: 2 total parking spaces; 2-space carport; Concrete driveway with direct access and on-site storage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water and sewer connected/available
• Home design: Single-family residence (House); One level
• Construction: Brick / brick veneer exterior; Architectural shingle roof; Conventional foundation and slab
• Exterior features: Private yard; Rain gutters

Interior

• Kitchen: Dishwasher; Electric cooktop; Free-standing electric range; Refrigerator; Exhaust fan; Pantry; Eat-in kitchen
• Bedrooms: Primary bedroom (Main level); Bedroom 2 (Main level); Bedroom 3 (Main level)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Ceiling fans; Eat-in kitchen; High-speed internet available; Pantry; Interior storage; Storm door(s); Blinds, insulated windows, screens and window treatments; Living room fireplace (masonry, wood-burning)
• Laundry & utility: Laundry room with washer and electric dryer hookups; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $-18 ($-211/yr) — negative.
• To cash-flow at today's rent, offer at most $92k (3.3% below list).
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $92k (3.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 68/100 on livability (#66 in MS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F, health & safety F.
• Jackson Public School District (urban): math 9% / reading 18% proficiency, ranked #112 of 130 in MS (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 88% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Oak Forest Elementary School (math 2% / reading 12%, grade F, #337 of 375 statewide, top 94%, 318 students, 100% FRL); Cardozo Middle School (math 5% / reading 10%, grade F, #168 of 179 statewide, top 94%, 625 students, 100% FRL); Forest Hill High School (math 5% / reading 15%, grade F, #168 of 197 statewide, top 86%, 991 students, 100% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 302 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($51k/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 $656 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Hinds County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($93k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $91,797 (3.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.50% ✓
• Cap rate: 11.46%
• Cash-on-cash: 18.47%
• DSCR: 1.82
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $82,560
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3031 Longwood Dr	0.03mi	4/2.0	1,960 (+2%)	0mo	$85,000	$43	95
3218 Meadow Forest Dr	0.24mi	4/2.0	1,898 (-1%)	3mo	$59,000	$31	84
1002 Autumn St	0.14mi	4/3.0	1,953 (+2%)	6mo	$73,600	$38	81
1068 Westway St	0.44mi	4/2.5	1,927 (+0%)	2mo	$179,000	$93	76
1157 Rosewood St	0.60mi	4/2.0	1,917 (-0%)	3mo	$79,000	$41	69
3317 Longwood Dr	0.48mi	3/2.0 (-1)	1,964 (+2%)	1mo	$89,000	$45	68
3331 Cherrywood Dr	0.46mi	3/1.5 (-1)	1,912 (-0%)	4mo	$57,000	$30	67
3320 Ridgeland Dr	0.41mi	3/1.5 (-1)	1,850 (-4%)	4mo	$56,000	$30	65
1027 Autumn St	0.21mi	3/2.0 (-1)	1,694 (-12%)	2mo	$84,900	$50	64
3343 Fleetwood Dr	0.65mi	3/2.0 (-1)	1,918 (-0%)	1mo	$85,000	$44	64
3246 Longwood Dr	0.42mi	3/2.0 (-1)	1,835 (-4%)	6mo	$150,000	$82	63
3110 Woodville Cir	0.31mi	3/2.5 (-1)	2,150 (+12%)	6mo	$70,000	$33	54

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 · 4.23% rent growth · sell at horizon

5-year hold

• IRR: -14.8%
• Equity multiple: 0.46×
• Total profit: $-14,393
• Equity at exit: $14,150

10-year hold

• IRR: -2.6%
• Equity multiple: 0.81×
• Total profit: $-5,167
• Equity at exit: $8,205

Cash invested: $26,572 (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 39212

• Home prices YoY: -11.7%
• Rents YoY: 4.2%
• Active inventory: 302
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,424 high
• Mortgage (P&I): −$498
• Tax from tax record: −$179 /mo · $2,144/yr
• Insurance: −$40
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $-18

Break-even live

Break-even rent $1,446

Max offer price $91,797

Occupancy floor 96%

Sensitivity live

Price	-10% $36	-5% $9	+0% $-18	+5% $-44	+10% $-71
Rent	-10% $-130	-5% $-74	+0% $-18	+5% $39	+10% $95
Rate	-1.0pp $30	-0.5pp $7	base $-18	+0.5pp $-42	+1.0pp $-67

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2915 Longwood Dr Jackson, MS	3.0	2.0	1800	$1,400	$0.78	25d	1	0.28mi
2904 Marwood Dr Jackson, MS	3.0	2.0	1554	$1,250	$0.80	25d	1	0.34mi
3020 Lakewood Dr Jackson, MS	4.0	2.0	1600	$1,150	$0.72	25d	1	0.34mi
2808 Ridgeland Dr Jackson, MS	3.0	2.0	1606	$1,600	$1.00	45d	1	0.35mi
1641 Woodburn St Jackson, MS	5.0	2.0	1300	$1,812	$1.39	16d	1	0.40mi
3122 Oak Forest Dr Jackson, MS	3.0	2.0	1421	$1,100	$0.77	45d	1	0.49mi
3162 Oak Forest Dr Jackson, MS	3.0	1.5	1280	$1,236	$0.97	45d	1	0.51mi
3341 Suncrest Dr Jackson, MS	4.0	1.0	1292	$1,225	$0.95	45d	1	0.57mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	16d	1	0.63mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	45d	1	0.63mi
3151 Shirley Dr Jackson, MS	4.0	2.0	1474	$1,306	$0.89	16d	1	0.64mi
427 McDowell Park Cir Jackson, MS	3.0	1.5	1308	$1,200	$0.92	16d	1	0.64mi
1223 Marydale Dr Jackson, MS	3.0	1.0	1300	$950	$0.73	45d	1	0.75mi
2732 Woodside Dr Jackson, MS	4.0	2.0	1566	$1,050	$0.67	25d	1	0.88mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	16d	1	0.94mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	25d	1	0.94mi
2729 Carleton St Jackson, MS	4.0	2.0	1666	$1,575	$0.95	16d	1	0.95mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	45d	1	0.97mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	16d	1	0.97mi
3147 Bilgray Dr Jackson, MS	3.0	2.0	1850	$1,306	$0.71	45d	1	1.02mi
3511 Sykes Park Dr Jackson, MS	3.0	2.0	1225	$1,426	$1.16	16d	1	1.15mi
103 Sykes Park Cir Jackson, MS	3.0	2.0	1500	$1,250	$0.83	45d	1	1.18mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	25d	1	1.33mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	16d	1	1.33mi
360 Cooper Rd Jackson, MS	4.0	2.0	1624	$1,575	$0.97	16d	1	1.34mi

Listing history 13 events

1. 2026-06-22
   days on market $94,900 Active 17 DOM
2. 2026-06-18
   days on market $94,900 Active 14 DOM
3. 2026-06-17
   days on market $94,900 Active 13 DOM
4. 2026-06-16
   days on market $94,900 Active 12 DOM
5. 2026-06-15
   days on market $94,900 Active 11 DOM
6. 2026-06-14
   days on market $94,900 Active 9 DOM
7. 2026-06-13
   days on market $94,900 Active 8 DOM
8. 2026-06-10
   days on market $94,900 Active 6 DOM
9. 2026-06-09
   days on market $94,900 Active 5 DOM
10. 2026-06-08
    days on market $94,900 Active 4 DOM
11. 2026-06-07
    days on market $94,900 Active 3 DOM
12. 2026-06-05
    remarks 286-char remark
13. 2026-06-05
    listed $94,900 Active 1 DOM

ⓘ 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: $2,144 · $179/mo
• Projected year-2 tax: $2,144 · $179/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 6/10 Major FEMA zone AE · 71% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,086
• − Mortgage interest: −$5,316
• − Property taxes: −$2,144
• − Insurance: −$5,593
• − Repairs & maintenance: −$1,367
• − Management: −$1,367
• − Depreciation: −$2,761
• Taxable loss: −$1,461
• Est. tax savings @ 24.0%: +$351
• After-tax cash flow: $140/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 Public School District
• NCES district ID: 2802190
• Math proficiency: 9% ▼ -14.00%
• Reading proficiency: 18% ▼ -7.00%
• Median HH income: $33,234
• Composite: 10.89/100
• National rank: #9755
• State rank: #112 of 130 in MS

Livability — Jackson

• Score: 68/100
• State rank: #66
• US rank: #9695

Category grades

Amenities F Commute A+ Cost of living A+ Crime C Employment F Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jackson, MS
• County: Hinds County · 167,040 people
• City population: 140,204
• Metro: Jackson, MS
• Population (ZIP): 25,659
• Household income: $50,722
• Rent vs Own: 37.8% rent · 62.2% own
• Severe rent burden: 1314.0

Population outlook (Hinds County) Hauer SSP2

• Today (2025): 242,528 people
• By 2030: 241,113 · -0.6%
• By 2040: 235,557 · -2.9%
• By 2050: 226,946 · -6.4%
• By 2075: 199,995 · -17.5%
• By 2100: 164,165 · -32.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (86%)
• Race & ethnicity: Black 86% White 9% Hispanic / Latino 3% Two or more races 3%
• Common ancestry: Serbian 1% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Hinds

• 2024 margin: Solid D (+46.1) · D 72.4% · R 26.3% · Other 1.4%
• 2008→2024 swing: +7.1pp toward D · 2008: 39.0pp · 2024: 46.1pp
• All cycles: 2024: D+46.1 2020: D+48.3 2016: D+43.7 2012: D+45.1 2008: D+39.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -23.01%
• Current HPI: 174.4025
• Rent YoY: ▲ 4.23%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+2.6% since first listed

13 events — show timeline

• 2026-06-04 Listed $94,900 MLSU
• 2021-10-08 Listing Removed — MLSU
• 2021-10-02 Listing Removed — MLSU
• 2018-04-27 Sold (Public Records) — Public Records
• 2017-05-19 Listing Removed — MLSU
• 2017-04-21 Listed $57,000 MLSU
• 2010-04-29 Listed $99,500 MLSU
• 2008-07-11 Listed $105,000 MLSU
• 2004-08-10 Sold (MLS) — MLSU
• 2004-08-04 Sold (Public Records) — Public Records
• 2004-07-02 Listed $92,500 MLSU
• 1997-01-08 Sold (Public Records) — Public Records
• 1994-08-30 Sold (Public Records) — Public Records

Property tax history

+7.5%/yr

Latest (2025): $2,144 · +2.2% YoY. Source: county tax records.