7204 Coda Rd · Helena, MS 39562

$139,000

5 bd · 2.0 ba · 1,300 sqft · SingleFamily public records · 18 Days on market

Built 1979 1.93 ac lot

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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 +27.1/30.0
• DSCR +9.4/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

Key facts

• Updated appliances
• New pump
• Remodeled in 2022

Tags

• REMODELED IN 2022
• NEW PUMP
• UPDATED SEWAGE SYSTEM
• NEW CABINETRY
• GRANITE COUNTERTOPS
• UPDATED APPLIANCES

Property features AI

Finance

• Other: Approximately 1.93-acre lot (200 x 420 x 200 x 420)

Exterior

• Parking: 1-car garage; Driveway; Gravel parking; Deck (parking area access)
• Utilities: Well water; Sewer: waste treatment plant; Electricity connected
• Home design: Single-family house; One level; Fixer condition
• Construction: Siding construction; Asphalt shingle roof; Slab foundation; Built in public records (year built source)
• Exterior features: Enclosed, screened front porch; Patio/porch enclosed and screened; Cleared, level front yard; Rectangular lot

Interior

• Kitchen: Electric range; Range hood; Refrigerator; Exhaust fan
• Flooring: Vinyl flooring
• Bathrooms: 3 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Granite counters; Aluminum window frames; Double-pane windows; Vinyl windows
• Laundry & utility: Laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $-35 ($-417/yr) — negative.
• To cash-flow at today's rent, offer at most $133k (4.4% below list).
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $133k (4.4% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 61/100 on livability (#190 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, crime B+; Watch: health & safety D+, amenities F, commute F.
• Moss Point Separate School District (suburban): math 17% / reading 22% proficiency, ranked #94 of 130 in MS (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Moss Point Kreole Primary School (394 students, 100% FRL); Magnolia Middle School (math 19% / reading 23%, grade F, #112 of 179 statewide, top 64%, 381 students, 100% FRL); Moss Point High School (math 27% / reading 27%, grade F, #101 of 197 statewide, top 54%, 455 students, 100% FRL) — zoned schools average 100% FRL vs 83% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 114 active listings in the ZIP; 516 units permitted in Jackson County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($137k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y 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, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,856 (4.4% 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 1979 — 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: 1.18% ✓
• Cap rate: 9.68%
• Cash-on-cash: 12.08%
• DSCR: 1.54
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.37×
• Total profit: $-24,489
• Equity at exit: $20,725

10-year hold

• IRR: -9.6%
• Equity multiple: 0.40×
• Total profit: $-23,161
• Equity at exit: $12,018

Cash invested: $38,920 (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 39562

• Home prices YoY: -25.6%
• Active inventory: 114
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,636 medium
• Mortgage (P&I): −$729
• Tax from tax record: −$114 /mo · $1,367/yr
• Insurance: −$58
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $-35

Break-even live

Break-even rent $1,680

Max offer price $132,856

Occupancy floor 97%

Sensitivity live

Price	-10% $44	-5% $5	+0% $-35	+5% $-74	+10% $-113
Rent	-10% $-164	-5% $-99	+0% $-35	+5% $30	+10% $94
Rate	-1.0pp $35	-0.5pp $1	base $-35	+0.5pp $-71	+1.0pp $-107

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-07
   statusdays on market $139,000 Pending 18 DOM
2. 2026-06-03
   price $139,000 Active 16 DOM
3. 2026-06-02
   statusdays on market $142,000 Active 16 DOM
4. 2026-05-21
   status Pending
5. 2026-05-15
   price $142,000
6. 2026-05-12
   price $144,000
7. 2026-05-06
   listed $145,000 Active
8. 2023-02-22
   soldstatus
9. 2023-02-17
   soldstatus Closed 150-char remark

   Show marketing remark (150 chars)

   Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

10. 2023-02-06
    status Pending 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

11. 2023-01-23
    status Active 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

12. 2022-12-01
    status Pending 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

13. 2022-10-10
    price $159,900 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

14. 2022-09-13
    price $169,900 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

15. 2022-07-25
    price $179,900 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

16. 2022-07-07
    price $189,900 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

17. 2022-06-15
    status Active 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

18. 2022-05-13
    status Pending 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

19. 2022-05-12
    listed $199,900 Active 150-char remark

    Show marketing remark (150 chars)

    Complrtrly remodeled. New pump. New Sewage system, New cabinets, Granite tops. New appliances. Have survey. Have elvation Certificate. New everything.

20. 2021-12-06
    soldstatus
21. 2021-10-01
    historical
22. 2017-07-22
    listed $115,000

ⓘ 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: $1,367 · $114/mo
• Projected year-2 tax: $1,367 · $114/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 · 59% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 21 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: $19,634
• − Mortgage interest: −$7,786
• − Property taxes: −$1,367
• − Insurance: −$5,814
• − Repairs & maintenance: −$1,571
• − Management: −$1,571
• − Depreciation: −$4,044
• Taxable loss: −$2,518
• Est. tax savings @ 24.0%: +$604
• After-tax cash flow: $187/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: Moss Point Separate School District
• NCES district ID: 2803000
• Math proficiency: 17% ▼ -3.00%
• Reading proficiency: 22% ▬ 0.00%
• Median HH income: $38,041
• Composite: 16.34/100
• National rank: #9205
• State rank: #94 of 130 in MS

Livability — Helena

• Score: 61/100
• State rank: #190
• US rank: #17518

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Helena, MS
• Population (ZIP): 17,142

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 (89%)
• Race & ethnicity: White 89% Black 6% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Russian/Polish/Slavic 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: ▼ -62.87%
• Current HPI: 182.2784
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+23.5% since first listed

19 events — show timeline

• 2026-05-21 Pending — MLSU
• 2026-05-15 Price Changed $142,000 MLSU
• 2026-05-12 Price Changed $144,000 MLSU
• 2026-05-06 Listed $145,000 MLSU
• 2023-02-22 Sold (Public Records) — Public Records
• 2023-02-17 Sold (MLS) — MLSU
• 2023-02-06 Pending — MLSU
• 2023-01-23 Relisted — MLSU
• 2022-12-01 Pending — MLSU
• 2022-10-10 Price Changed $159,900 MLSU
• 2022-09-13 Price Changed $169,900 MLSU
• 2022-07-25 Price Changed $179,900 MLSU
• 2022-07-07 Price Changed $189,900 MLSU
• 2022-06-15 Relisted — MLSU
• 2022-05-13 Pending — MLSU
• 2022-05-12 Listed $199,900 MLSU
• 2021-12-06 Sold (Public Records) — Public Records
• 2021-10-01 Listing Removed — MLSU
• 2017-07-22 Listed $115,000 MLSU

Property tax history

+1.5%/yr

Latest (2025): $1,367 · +4.8% YoY. Source: county tax records.