336 Willow Run · Pearl, MS 39208

$219,900

3 bd · 2.0 ba · 1,386 sqft · SingleFamily public records · 3 Days on market

Built 2004 10,018 sqft lot $159/sqft · 10% below area Est $237k · 7% under $20/mo HOA · 1% of rent

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Why this score? — see what drove the D+ 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 +16.0/30.0
• ARV discount +10.8/15.0
• DSCR +4.9/10.0
• Schools +4.6/10.0
• Rent growth +4.1/5.0
• Livability +3.7/5.0
• 1% rule +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Here's your new house: Remodeled 3 bed, 2 bath home with 2 car garage in Live Oaks. Light neutral colors throughout, new carpet, new wood floors, granite in the kitchen and stainless appliances. Master bath has two sinks and a large walk in closet. Backyard is fully fenced with a spacious covered patio. large storage in the garage. Pearl Address and Brandon Schools. Qualifies for USDA. Additional photos coming soon.

Key facts

• Double vanity
• Primary suite
• Large backyard

Tags

• GRANITE COUNTERTOPS
• PRIMARY SUITE
• DOUBLE VANITY
• WALK IN CLOSET
• LARGE BACKYARD

Property features AI

Finance

• HOA & community: Association with semi-annual fee of $120 covering grounds maintenance

Exterior

• Parking: Attached 2-car garage with garage door opener and direct access
• Utilities: Public water; Public sewer; Natural gas connected; Cable connected; Sewer connected; Water connected
• Home design: Single-family house; One story; Fixer condition
• Construction: Brick construction; Slab foundation; Asphalt shingle roof; Built information from assessor
• Exterior features: Rear porch; Fenced yard (wood fencing); Curbs; Street lights

Interior

• Kitchen: Dishwasher; Disposal; Electric range / oven; Microwave; Refrigerator
• Flooring: Carpet; Tile; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Granite counters; High ceilings; Double vanity; Walk-in closet(s); Gas-log fireplace in the living room
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $109 ($1k/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 $184k (16.1% below list).
• Recommended offer: $184k (16.1% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 5.5% in Pearl — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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-.
• Rankin County School District (rural): math 56% / reading 48% proficiency, ranked #6 of 130 in MS (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Rouse Elementary (797 students, 100% FRL); Brandon Middle School (math 67% / reading 49%, grade B, #11 of 179 statewide, top 6%, 1,193 students, 100% FRL); Brandon High School (math 47% / reading 49%, grade D, #27 of 197 statewide, top 13%, 1,648 students, 100% FRL) — zoned schools average 100% FRL vs 35% district-wide (65 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; 2 comparable units currently listed for rent nearby; 343 units permitted in Rankin County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% 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 $2k of loan paydown is wiped out by about $7k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 23y 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 $184,405 (16.1% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.84% ✗
• Cap rate: 6.89%
• Cash-on-cash: 2.12%
• DSCR: 1.09
• GRM: 9.9

CMA / ARV

• ARV (median comp): $237,329
• List price: $219,900
• Delta: -7.34%
• 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
220 White Oak Pl	0.02mi	3/2.0	1,410 (+2%)	1mo	$242,300	$172	96
336 Willow Run	0.00mi	3/2.0	1,343 (-3%)	0mo	$219,900	$164	95
577 Oak Ridge Way	0.13mi	3/2.0	1,350 (-3%)	2mo	$240,000	$178	88
1108 Spanish Oak Dr	0.18mi	3/2.0	1,356 (-2%)	2mo	$235,000	$173	86
106 Ash Ridge Pl	0.25mi	3/2.0	1,386 (0%)	3mo	$249,900	$180	86
217 White Oak Pl	0.06mi	3/2.0	1,312 (-5%)	5mo	$232,000	$177	84
628 Oak Ridge Way	0.28mi	3/2.0	1,364 (-2%)	3mo	$249,900	$183	82
119 Beechwood Cir	0.36mi	3/2.0	1,373 (-1%)	6mo	$229,900	$167	76
104 Oak Grove Ct	0.33mi	3/2.5	1,513 (+9%)	2mo	$248,000	$164	66
316 London Way	0.46mi	3/2.0	1,503 (+8%)	4mo	$260,000	$173	62
154 Beechwood Cir	0.47mi	3/2.0	1,558 (+12%)	5mo	$259,900	$167	53
102 Woodridge Dr	0.62mi	3/2.0	1,561 (+13%)	3mo	$270,000	$173	48

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: -9.7%
• Equity multiple: 0.64×
• Total profit: $-22,364
• Equity at exit: $32,788

10-year hold

• IRR: 3.4%
• Equity multiple: 1.28×
• Total profit: $17,300
• Equity at exit: $19,013

Cash invested: $61,572 (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 39208

• Home prices YoY: -20.3%
• Rents YoY: 6.3%
• Active inventory: 265
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,844 medium
• Mortgage (P&I): −$1,153
• Tax from tax record: −$83 /mo · $996/yr
• Insurance: −$92
• HOA: −$20
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $109

Break-even live

Break-even rent $1,706

Max offer price $219,900

Occupancy floor 89%

Sensitivity live

Price	-10% $233	-5% $171	+0% $109	+5% $47	+10% $-15
Rent	-10% $-37	-5% $36	+0% $109	+5% $182	+10% $255
Rate	-1.0pp $220	-0.5pp $165	base $109	+0.5pp $52	+1.0pp $-6

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 Red Oak Cv Pearl, MS	3.0	2.0	1414	$2,031	$1.44	15d	1	0.24mi
103 Cedar Ridge Blvd Pearl, MS	3.0	2.0	1792	$1,000	$0.56	22d	1	0.77mi

HOA detail

• Monthly dues: $20 · $240/yr

Listing history 7 events

1. 2026-05-04
   status Pending 468-char remark
2. 2026-05-01
   listed $219,900 Active 468-char remark
3. 2017-06-30
   soldstatus 419-char remark

   Show marketing remark (419 chars)

   Here's your new house: Remodeled 3 bed, 2 bath home with 2 car garage in Live Oaks. Light neutral colors throughout, new carpet, new wood floors, granite in the kitchen and stainless appliances. Master bath has two sinks and a large walk in closet. Backyard is fully fenced with a spacious covered patio. large storage in the garage. Pearl Address and Brandon Schools. Qualifies for USDA. Additional photos coming soon.

4. 2017-05-21
   listed $146,900 419-char remark

   Show marketing remark (419 chars)

   Here's your new house: Remodeled 3 bed, 2 bath home with 2 car garage in Live Oaks. Light neutral colors throughout, new carpet, new wood floors, granite in the kitchen and stainless appliances. Master bath has two sinks and a large walk in closet. Backyard is fully fenced with a spacious covered patio. large storage in the garage. Pearl Address and Brandon Schools. Qualifies for USDA. Additional photos coming soon.

5. 2004-07-29
   soldstatus
6. 2004-07-27
   soldstatus

   Show marketing remark (176 chars)

   Quality new construction in Brandon school district. Masterbath has whirlpool tub with separate shower. 9' ceilings with fans in all brs and lr. Buy early and pick colors, etc.

7. 2003-11-30
   listed $116,500

   Show marketing remark (176 chars)

   Quality new construction in Brandon school district. Masterbath has whirlpool tub with separate shower. 9' ceilings with fans in all brs and lr. Buy early and pick colors, etc.

ⓘ 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: $996 · $83/mo
• Projected year-2 tax: $1,737 · $145/mo
• Expected delta: +$741/yr (+$62/mo · 74.4%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°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: $22,129
• − Mortgage interest: −$12,318
• − Property taxes: −$996
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,770
• − Management: −$1,770
• − HOA: −$240
• − Depreciation: −$6,397
• Taxable loss: −$2,462
• Est. tax savings @ 24.0%: +$591
• After-tax cash flow: $1,899/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: Rankin County School District
• NCES district ID: 2803830
• Math proficiency: 56% ▼ -4.00%
• Reading proficiency: 48% ▼ -6.00%
• Median HH income: $61,867
• Composite: 45.62/100
• National rank: #2587
• State rank: #6 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

• 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

+88.8% since first listed

8 events — show timeline

• 2026-06-12 Sold (MLS) — MLSU
• 2026-05-04 Pending — MLSU
• 2026-05-01 Listed $219,900 MLSU
• 2017-06-30 Sold (MLS) — MLSU
• 2017-05-21 Listed $146,900 MLSU
• 2004-07-29 Sold (Public Records) — Public Records
• 2004-07-27 Sold (MLS) — MLSU
• 2003-11-30 Listed $116,500 MLSU

Property tax history

-4.3%/yr

Latest (2025): $996 · +2.4% YoY. Source: county tax records.