115 Mccall Cir · Pelahatchie, MS 39145

$70,000

2 bd · 1.0 ba · 800 sqft · SingleFamily public records · 49 Days on market

Built 1960 0.51 ac lot $88/sqft · 52% below area

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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 +27.7/30.0
• DSCR +9.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for a rare opportunity to invest in a quite serene location. Look no further. Bring your investors to add to their portfolio.

Key facts

• 0.51 acre lot
• Built 1960
• Listed 49 days

Property features AI

Finance

• Other: Lot size about 0.51 acres

Exterior

• Parking: Driveway; Gravel parking
• Security: Dead bolt locks; Security door features
• Utilities: Public water; Public sewer (status partly unknown); Electricity available; Natural gas available
• Home design: Single-family house; One story; Fixer condition
• Construction: Clapboard exterior; Conventional foundation; Asphalt shingle roof; Approximately 800 building area; Year built per assessor
• Exterior features: Few trees on the lot

Interior

• Kitchen: Oven
• Bathrooms: 1 full bathroom
• Heating & cooling: Space heater; Ceiling fan(s)
• Interior features: Dead bolt locks; Security door features; Aluminum-framed windows; Gas water heater; Oven

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $211 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($832 rent vs $70k).
• Recommended offer: $68k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#149 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• 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: Pelahatchie Elementary School (math 36% / reading 33%, grade F, #155 of 375 statewide, top 44%, 405 students, 99% FRL); Pelahatchie Attendance Center (math 37% / reading 32%, grade F, #68 of 197 statewide, top 39%, 366 students, 99% FRL) — zoned schools average 99% FRL vs 35% district-wide (65 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 34% at this address vs 52% district-wide (-18 pts) — the specific schools serving this property underperform the Rankin County School District average; the district grade overstates school quality for this exact location.
• Market conditions: 40 active listings in the ZIP; 343 units permitted in Rankin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: 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 $67,900 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.19% ✓
• Cap rate: 9.90%
• Cash-on-cash: 12.89%
• DSCR: 1.57
• GRM: 7.0

CMA / ARV

• ARV (median comp): $144,333
• List price: $70,000
• Delta: -51.50%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 2.7%
• Equity multiple: 1.11×
• Total profit: $2,060
• Equity at exit: $10,437

10-year hold

• IRR: 12.3%
• Equity multiple: 1.97×
• Total profit: $19,024
• Equity at exit: $6,052

Cash invested: $19,600 (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 39145

• Home prices YoY: -8.9%
• Active inventory: 40
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $832 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$51 /mo · $610/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$175
• Net cashflow: $211

Break-even live

Break-even rent $566

Max offer price $70,000

Occupancy floor 70%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $70,000 Active 49 DOM
2. 2026-06-17
   days on market $70,000 Active 48 DOM
3. 2026-06-16
   days on market $70,000 Active 47 DOM
4. 2026-06-15
   days on market $70,000 Active 46 DOM
5. 2026-06-14
   days on market $70,000 Active 44 DOM
6. 2026-06-13
   days on market $70,000 Active 43 DOM
7. 2026-06-10
   days on market $70,000 Active 41 DOM
8. 2026-06-09
   days on market $70,000 Active 40 DOM
9. 2026-06-08
   days on market $70,000 Active 39 DOM
10. 2026-06-07
    days on market $70,000 Active 38 DOM
11. 2026-06-03
    days on market $70,000 Active 34 DOM
12. 2026-06-02
    days on market $70,000 Active 33 DOM
13. 2026-06-01
    days on market $70,000 Active 32 DOM
14. 2026-05-31
    days on market $70,000 Active 31 DOM
15. 2026-05-30
    days on market $70,000 Active 30 DOM
16. 2026-04-30
    listed $70,000 Active 133-char remark

ⓘ 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: $610 · $51/mo
• Projected year-2 tax: $610 · $51/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 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: $9,989
• − Mortgage interest: −$3,921
• − Property taxes: −$610
• − Insurance: −$350
• − Repairs & maintenance: −$799
• − Management: −$799
• − Depreciation: −$2,036
• Taxable income: $1,474
• Est. tax owed @ 24.0%: −$354
• After-tax cash flow: $2,173/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 — Pelahatchie

• Score: 63/100
• State rank: #149
• US rank: #15148

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pelahatchie, MS
• Population (ZIP): 5,094

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: Predominantly White (82%)
• Race & ethnicity: White 82% Black 13% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Italian 14% Romanian 2% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 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: ▼ -18.98%
• Current HPI: 194.7362
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-04-30 Listed $70,000 MLSU

Property tax history

+5.4%/yr

Latest (2025): $610 · +1.5% YoY. Source: county tax records.