140 Trimble St · Pearl, MS 39208

$198,000

3 bd · 1.0 ba · 1,477 sqft · SingleFamily public records · 13 Days on market

Built 1975 0.32 ac lot $134/sqft · 17% below area Est $238k · 17% under

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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 +18.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.9/10.0
• 1% rule +4.7/10.0
• Rent growth +4.1/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for an updated and affordable home in Pearl? Look no further. This home is situated on a quiet cul-de-sac street and offers easy access to many great shopping, dining, and entertainment establishments. This home features a spacious living room with a vaulted ceiling, beautiful wood flooring, and updates throughout including granite countertops, stainless steel appliances, and much more! Out back, you will find a large privacy fenced back yard with a covered patio that will be the perfect spot to relax and unwind. Don't miss your chance! Call your REALTOR today to schedule a private showing!

Key facts

• Rich wood flooring
• Vaulted ceiling
• Upgraded kitchen

Tags

• MOVE IN READY
• PEACEFUL CUL DE SAC
• OPEN LIVING SPACE
• VAULTED CEILING
• RICH WOOD FLOORING
• UPGRADED KITCHEN

Property features AI

Finance

• HOA & community: Has association

Exterior

• Parking: 2-car garage
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Phone available
• Home design: Single-family house; One level; Built of brick; Slab foundation
• Construction: Brick construction
• Exterior features: Asphalt shingle roof

Interior

• Kitchen: Dishwasher; Free-standing electric oven; Refrigerator
• Bedrooms: Bedrooms on one level
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Electric cooling
• Interior features: Fireplace in the living room; Private yard

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $198k.

Deal economics

• At list price, monthly cash flow is $200 ($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 $193k (2.7% below list).
• Recommended offer: $193k (2.7% below list) — sets the bar for 1% rule.
• Cap rate 7.5% vs local median 5.5% in Pearl — 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 73/100 on livability (#19 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• Pearl Public School District (suburban): math 44% / reading 42% proficiency, ranked #32 of 130 in MS (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pearl Lower Elementary School (782 students, 100% FRL); Pearl Junior High School (math 46% / reading 40%, grade D-, #47 of 179 statewide, top 26%, 1,001 students, 100% FRL); Pearl High School (math 46% / reading 49%, grade D, #28 of 197 statewide, top 14%, 1,262 students, 100% FRL) — zoned schools average 100% FRL vs 57% district-wide (42 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.3%/yr); 265 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 343 units permitted in Rankin County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($65k/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.
• Rankin County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 5y 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, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,598 (2.7% below list)

Questions for the listing agent

1. Built in 1975 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.97% ✗
• Cap rate: 7.51%
• Cash-on-cash: 4.33%
• DSCR: 1.19
• GRM: 8.6

CMA / ARV

• ARV (median comp): $237,665
• List price: $198,000
• Delta: -16.69%
• 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
125 Whispering Oaks Xing	0.09mi	3/2.0	1,566 (+6%)	1mo	$259,900	$166	81
268 Trojan Dr	0.30mi	3/2.0	1,505 (+2%)	4mo	$199,900	$133	76
3683 Wilcox Dr	0.21mi	3/2.0	1,646 (+11%)	1mo	$242,500	$147	67
4618 Moonridge Cv	0.49mi	3/2.0	1,521 (+3%)	2mo	$249,900	$164	66
282 Belaire Dr	0.35mi	3/2.0	1,372 (-7%)	4mo	$207,000	$151	64
237 Trojan Dr	0.29mi	3/1.5	1,316 (-11%)	2mo	$115,000	$87	64
262 Trojan Dr	0.28mi	3/2.0	1,662 (+12%)	4mo	$210,000	$126	59
534 Oak Park Cir	0.72mi	3/2.0	1,468 (-1%)	5mo	$254,900	$174	57
3410 Mahaffey Dr	0.72mi	3/1.5	1,580 (+7%)	2mo	$84,900	$54	51
3426 Marguerite Dr	0.64mi	3/1.5	1,685 (+14%)	4mo	$190,000	$113	41
257 Ann Dr	0.61mi	4/2.0 (+1)	1,277 (-14%)	5mo	$85,000	$67	36
3370 Harle St	0.75mi	4/3.0 (+1)	1,671 (+13%)	4mo	$225,000	$135	27

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 · 6.34% rent growth · sell at horizon

5-year hold

• IRR: -5.9%
• Equity multiple: 0.77×
• Total profit: $-12,641
• Equity at exit: $29,522

10-year hold

• IRR: 7.3%
• Equity multiple: 1.63×
• Total profit: $34,817
• Equity at exit: $17,119

Cash invested: $55,440 (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 39208

• Home prices YoY: -20.3%
• Rents YoY: 6.3%
• Active inventory: 265
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,926 medium
• Mortgage (P&I): −$1,038
• Tax from tax record: −$200 /mo · $2,405/yr
• Insurance: −$82
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $200

Break-even live

Break-even rent $1,672

Max offer price $198,000

Occupancy floor 85%

Sensitivity live

Price	-10% $312	-5% $256	+0% $200	+5% $144	+10% $88
Rent	-10% $48	-5% $124	+0% $200	+5% $276	+10% $352
Rate	-1.0pp $300	-0.5pp $251	base $200	+0.5pp $149	+1.0pp $97

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: $49,500
• Closing costs: $5,940
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3626 Wilcox Dr Pearl, MS	3.0	2.0	1728	$2,000	$1.16	15d	1	0.18mi
180 Pemberton Dr Pearl, MS	3.0	2.0	1367	$1,700	$1.24	45d	1	1.26mi
523 Sardis St Pearl, MS	4.0	2.0	1720	$1,900	$1.10	45d	1	1.43mi

Listing history 9 events

1. 2026-05-18
   status Pending 614-char remark
2. 2026-05-12
   historical Active Under Contract 614-char remark
3. 2026-05-05
   listed $198,000 Active 614-char remark
4. 2026-03-20
   historical $1,695
5. 2026-03-18
   listed $1,695
6. 2022-02-03
   price $1,500
7. 2021-10-28
   soldstatus Closed 605-char remark

   Show marketing remark (605 chars)

   Looking for an updated and affordable home in Pearl? Look no further. This home is situated on a quiet cul-de-sac street and offers easy access to many great shopping, dining, and entertainment establishments. This home features a spacious living room with a vaulted ceiling, beautiful wood flooring, and updates throughout including granite countertops, stainless steel appliances, and much more! Out back, you will find a large privacy fenced back yard with a covered patio that will be the perfect spot to relax and unwind. Don't miss your chance! Call your REALTOR today to schedule a private showing!

8. 2021-10-03
   historical 605-char remark

   Show marketing remark (605 chars)

   Looking for an updated and affordable home in Pearl? Look no further. This home is situated on a quiet cul-de-sac street and offers easy access to many great shopping, dining, and entertainment establishments. This home features a spacious living room with a vaulted ceiling, beautiful wood flooring, and updates throughout including granite countertops, stainless steel appliances, and much more! Out back, you will find a large privacy fenced back yard with a covered patio that will be the perfect spot to relax and unwind. Don't miss your chance! Call your REALTOR today to schedule a private showing!

9. 2021-09-28
   listed $185,000 605-char remark

   Show marketing remark (605 chars)

   Looking for an updated and affordable home in Pearl? Look no further. This home is situated on a quiet cul-de-sac street and offers easy access to many great shopping, dining, and entertainment establishments. This home features a spacious living room with a vaulted ceiling, beautiful wood flooring, and updates throughout including granite countertops, stainless steel appliances, and much more! Out back, you will find a large privacy fenced back yard with a covered patio that will be the perfect spot to relax and unwind. Don't miss your chance! Call your REALTOR today to schedule a private showing!

ⓘ 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: $2,405 · $200/mo
• Projected year-2 tax: $2,405 · $200/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,112
• − Mortgage interest: −$11,091
• − Property taxes: −$2,405
• − Insurance: −$990
• − Repairs & maintenance: −$1,849
• − Management: −$1,849
• − Depreciation: −$5,760
• Taxable loss: −$832
• Est. tax savings @ 24.0%: +$200
• After-tax cash flow: $2,603/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: Pearl Public School District
• NCES district ID: 2803520
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 42% ▼ -9.00%
• Median HH income: $42,525
• Composite: 36.29/100
• National rank: #4699
• State rank: #32 of 130 in MS

Livability — Pearl

• Score: 73/100
• State rank: #19
• US rank: #5662

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pearl, MS
• County: Rankin County · 123,614 people
• City population: 34,442
• Metro: Jackson, MS
• Population (ZIP): 34,442
• Household income: $65,480
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 1235.0

Population outlook (Rankin County) Hauer SSP2

• Today (2025): 164,317 people
• By 2030: 171,013 · +4.1%
• By 2040: 182,723 · +11.2%
• By 2050: 192,376 · +17.1%
• By 2075: 209,535 · +27.5%
• By 2100: 209,534 · +27.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (60%)
• Race & ethnicity: White 60% Black 31% Hispanic / Latino 5% Two or more races 3% Asian 2%
• Common ancestry: Italian 5% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 93% English-only · Spanish 4% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Rankin

• 2024 margin: Solid R (+47.1) · D 25.9% · R 73.0% · Other 1.0%
• 2008→2024 swing: +6.4pp toward D · 2008: -53.5pp · 2024: -47.1pp
• All cycles: 2024: R+47.1 2020: R+45.4 2016: R+52.9 2012: R+51.9 2008: R+53.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -49.11%
• Current HPI: 193.0609
• Rent YoY: ▲ 6.34%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+7.0% since first listed

9 events — show timeline

• 2026-05-18 Pending — MLSU
• 2026-05-12 Contingent — MLSU
• 2026-05-05 Listed $198,000 MLSU
• 2026-03-20 Rental Removed $1,695 RENTLY
• 2026-03-18 Listed for Rent $1,695 RENTLY
• 2022-02-03 Price Changed $1,500 RENT.
• 2021-10-28 Sold (MLS) — MLSU
• 2021-10-03 Listing Removed — MLSU
• 2021-09-28 Listed $185,000 MLSU

Property tax history

+6.8%/yr

Latest (2025): $2,405 · +0.0% YoY. Source: county tax records.