3031 Longwood Dr · Jackson, MS 39212

$85,000

4 bd · 2.0 ba · 1,960 sqft · SingleFamily public records · 68 Days on market

Built 1964 0.31 ac lot $43/sqft · 22% below area Est $109k · 22% under ↓ 6% since listing

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Why this score? — see what drove the B+ 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
• ARV discount +15.0/15.0
• 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
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

Key facts

• 0.31 acre lot
• Built 1964
• Listed 67 days

🏷️ Possibly a rental listed for sale. The $85,000 price doesn't fit this home's estimated sale value (~$108,940) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $56 ($668/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $80k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.1% vs local median 9.9% in Jackson — 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 68/100 on livability (#66 in MS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment 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.
• 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 24d 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 $588 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 68 days — a 6% lower offer ($80k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $79,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.68% ✓
• Cap rate: 13.10%
• Cash-on-cash: 24.31%
• DSCR: 2.08
• GRM: 5.0

CMA / ARV

• ARV (median comp): $108,940
• List price: $85,000
• Delta: -21.98%
• 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
3031 Longwood Dr	0.00mi	4/2.0	1,960 (0%)	0mo	$85,000	$43	100
1002 Autumn St	0.12mi	4/3.0	1,953 (-0%)	6mo	$73,600	$38	85
3218 Meadow Forest Dr	0.24mi	4/2.0	1,898 (-3%)	3mo	$59,000	$31	81
1068 Westway St	0.41mi	4/2.5	1,927 (-2%)	2mo	$179,000	$93	75
3317 Longwood Dr	0.47mi	3/2.0 (-1)	1,964 (+0%)	1mo	$89,000	$45	72
1157 Rosewood St	0.57mi	4/2.0	1,917 (-2%)	3mo	$79,000	$41	67
3331 Cherrywood Dr	0.44mi	3/1.5 (-1)	1,912 (-2%)	4mo	$57,000	$30	65
3320 Ridgeland Dr	0.38mi	3/1.5 (-1)	1,850 (-6%)	4mo	$56,000	$30	63
1027 Autumn St	0.19mi	3/2.0 (-1)	1,694 (-14%)	1mo	$84,900	$50	62
3343 Fleetwood Dr	0.61mi	3/2.0 (-1)	1,918 (-2%)	1mo	$85,000	$44	62
3246 Longwood Dr	0.41mi	3/2.0 (-1)	1,835 (-6%)	6mo	$150,000	$82	61
3110 Woodville Cir	0.30mi	3/2.5 (-1)	2,150 (+10%)	6mo	$70,000	$33	58

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: -9.1%
• Equity multiple: 0.66×
• Total profit: $-8,127
• Equity at exit: $12,674

10-year hold

• IRR: 3.3%
• Equity multiple: 1.26×
• Total profit: $6,285
• Equity at exit: $7,349

Cash invested: $23,800 (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: 5.0×

Monthly cashflow live

• Estimated rent: $1,424 high
• Mortgage (P&I): −$446
• Tax from tax record: −$162 /mo · $1,941/yr
• Insurance: −$35
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $56

Break-even live

Break-even rent $1,354

Max offer price $85,000

Occupancy floor 91%

Sensitivity live

Price	-10% $104	-5% $80	+0% $56	+5% $32	+10% $8
Rent	-10% $-57	-5% $-1	+0% $56	+5% $112	+10% $168
Rate	-1.0pp $98	-0.5pp $77	base $56	+0.5pp $34	+1.0pp $11

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: $21,250
• Closing costs: $2,550
• 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	24d	1	0.28mi
2904 Marwood Dr Jackson, MS	3.0	2.0	1554	$1,250	$0.80	24d	1	0.34mi
3020 Lakewood Dr Jackson, MS	4.0	2.0	1600	$1,150	$0.72	24d	1	0.34mi
2808 Ridgeland Dr Jackson, MS	3.0	2.0	1606	$1,600	$1.00	44d	1	0.35mi
1641 Woodburn St Jackson, MS	5.0	2.0	1300	$1,812	$1.39	14d	1	0.40mi
3122 Oak Forest Dr Jackson, MS	3.0	2.0	1421	$1,100	$0.77	44d	1	0.49mi
3162 Oak Forest Dr Jackson, MS	3.0	1.5	1280	$1,236	$0.97	44d	1	0.51mi
3341 Suncrest Dr Jackson, MS	4.0	1.0	1292	$1,225	$0.95	44d	1	0.57mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	14d	1	0.63mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	44d	1	0.63mi
3151 Shirley Dr Jackson, MS	4.0	2.0	1474	$1,306	$0.89	14d	1	0.64mi
427 McDowell Park Cir Jackson, MS	3.0	1.5	1308	$1,200	$0.92	14d	1	0.64mi
1223 Marydale Dr Jackson, MS	3.0	1.0	1300	$950	$0.73	44d	1	0.75mi
2732 Woodside Dr Jackson, MS	4.0	2.0	1566	$1,050	$0.67	24d	1	0.88mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	14d	1	0.94mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	24d	1	0.94mi
2729 Carleton St Jackson, MS	4.0	2.0	1666	$1,575	$0.95	14d	1	0.95mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	44d	1	0.97mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	14d	1	0.97mi
3147 Bilgray Dr Jackson, MS	3.0	2.0	1850	$1,306	$0.71	44d	1	1.02mi
3511 Sykes Park Dr Jackson, MS	3.0	2.0	1225	$1,426	$1.16	14d	1	1.15mi
103 Sykes Park Cir Jackson, MS	3.0	2.0	1500	$1,250	$0.83	44d	1	1.18mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	24d	1	1.33mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	14d	1	1.33mi
360 Cooper Rd Jackson, MS	4.0	2.0	1624	$1,575	$0.97	14d	1	1.34mi

Listing history 19 events

1. 2026-06-10
   days on market $85,000 Active 68 DOM
2. 2026-06-09
   days on market $85,000 Active 67 DOM
3. 2026-06-08
   days on market $85,000 Active 66 DOM
4. 2026-06-07
   days on market $85,000 Active 65 DOM
5. 2026-06-05
   days on market $85,000 Active 62 DOM
6. 2026-06-03
   days on market $85,000 Active 61 DOM
7. 2026-06-02
   days on market $85,000 Active 60 DOM
8. 2026-05-30
   days on market $85,000 Active 99 DOM
9. 2026-04-20
   status Active 196-char remark

   Show marketing remark (196 chars)

   INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

10. 2026-03-26
    status Pending 196-char remark

    Show marketing remark (196 chars)

    INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

11. 2026-01-26
    status Active 196-char remark

    Show marketing remark (196 chars)

    INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

12. 2026-01-24
    historical 196-char remark

    Show marketing remark (196 chars)

    INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

13. 2026-01-24
    listed $85,000 Active 196-char remark

    Show marketing remark (196 chars)

    INVESTOR ALERT ! CASH BONANZA EXCELLENT CASH FLOW WITH RENTER IN PLACE RECEIVE IMMEDIATE POSITIVE CASH FLOW ON YOUR INVESTMENT * NO DELAYS *NO REHAB *BUY AND HOLD /PORTFOLIO ANCHOR

14. 2025-12-29
    historical
15. 2025-10-14
    listed $90,000 Active
16. 2024-02-23
    soldstatus
17. 2024-02-23
    soldstatus
18. 2023-02-23
    soldstatus
19. 1972-03-20
    soldstatus

ⓘ 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: $1,941 · $162/mo
• Projected year-2 tax: $1,941 · $162/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 4/10 Moderate FEMA zone AE · 22% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 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: $17,090
• − Mortgage interest: −$4,761
• − Property taxes: −$1,941
• − Insurance: −$5,544
• − Repairs & maintenance: −$1,367
• − Management: −$1,367
• − Depreciation: −$2,473
• Taxable loss: −$363
• Est. tax savings @ 24.0%: +$87
• After-tax cash flow: $755/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

-5.6% since first listed

11 events — show timeline

• 2026-04-20 Relisted — MLSU
• 2026-03-26 Pending — MLSU
• 2026-01-26 Relisted — MLSU
• 2026-01-24 Listed $85,000 MLSU
• 2026-01-24 Listing Removed — MLSU
• 2025-12-29 Listing Removed — MLSU
• 2025-10-14 Listed $90,000 MLSU
• 2024-02-23 Sold (Public Records) — Public Records
• 2024-02-23 Sold (Public Records) — Public Records
• 2023-02-23 Sold (Public Records) — Public Records
• 1972-03-20 Sold (Public Records) — Public Records

Property tax history

+2.4%/yr

Latest (2025): $1,941 · +2.4% YoY. Source: county tax records.