1124 Woodville Dr · Jackson, MS 39212

$145,000

3 bd · 2.0 ba · 1,574 sqft · SingleFamily public records · 92 Days on market

Built 1965 0.27 ac lot

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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 +14.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• 1% rule +3.7/10.0
• 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

Opportunity knocks with this solid 3-bedroom, 2-bath brick home sitting proudly on a generous corner lot in a well-established residential area of South Jackson. With covered front and back porches, you'll enjoy peaceful mornings and shaded afternoons overlooking the yard with plenty of room to expand, garden, or entertain. Inside, the home offers central AC, a functional layout, and strong bones ready for your personal touch. Whether you're an experienced investor or a savvy buyer looking for a flip, rental, or long-term hold, this property has serious potential with a little TLC.

Key facts

• 0.27 acre lot
• 2 garage spots
• Built 1965

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $24 ($287/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 $126k (13.0% below list).
• Recommended offer: $126k (13.0% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 9.9% in Jackson — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: amenities F, employment F, health & safety 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.
• Zoned schools: Oak Forest Elementary School (math 2% / reading 12%, grade F, #337 of 375 statewide, top 94%, 318 students, 100% FRL); Cardozo Middle School (math 5% / reading 10%, grade F, #168 of 179 statewide, top 94%, 625 students, 100% FRL); Forest Hill High School (math 5% / reading 15%, grade F, #168 of 197 statewide, top 86%, 991 students, 100% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 302 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 92 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 24y 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→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,175 (13.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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?
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: 0.87% ✗
• Cap rate: 6.49%
• Cash-on-cash: 0.71%
• DSCR: 1.03
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $61,386
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1027 Autumn St	0.23mi	3/2.0	1,694 (+8%)	2mo	$84,900	$50	75
3114 Suncrest Dr	0.10mi	4/2.0 (+1)	1,432 (-9%)	3mo	$64,900	$45	73
1943 Bienville Dr	0.42mi	3/2.0	1,484 (-6%)	8mo	$25,000	$17	64
1244 Cooper Rd	0.55mi	3/2.0	1,680 (+7%)	2mo	$65,000	$39	62
1119 Primrose St	0.26mi	3/2.0	1,785 (+13%)	8mo	$135,000	$76	59
1843 Longwood Dr	0.59mi	3/2.0	1,634 (+4%)	10mo	$125,000	$76	58
2971 Kentwood Dr	0.65mi	4/2.0 (+1)	1,532 (-3%)	3mo	$59,900	$39	58
1422 Wooddell Dr	0.64mi	4/2.0 (+1)	1,540 (-2%)	6mo	$99,000	$64	56
950 Woodville Dr	0.32mi	3/1.5	1,362 (-14%)	10mo	$17,500	$13	53
1423 Woody Dr	0.57mi	3/1.5	1,404 (-11%)	2mo	$24,900	$18	52
1416 Wooddell Dr	0.62mi	3/2.0	1,357 (-14%)	4mo	$35,000	$26	44
1636 Smallwood St	0.70mi	2/1.0 (-1)	1,432 (-9%)	1mo	$17,000	$12	43

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: -13.8%
• Equity multiple: 0.50×
• Total profit: $-20,390
• Equity at exit: $21,620

10-year hold

• IRR: -3.2%
• Equity multiple: 0.77×
• Total profit: $-9,137
• Equity at exit: $12,537

Cash invested: $40,600 (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 39212

• Home prices YoY: -11.7%
• Rents YoY: 4.2%
• Active inventory: 302
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,262 high
• Mortgage (P&I): −$760
• Tax from tax record: −$152 /mo · $1,824/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $24

Break-even live

Break-even rent $1,231

Max offer price $145,000

Occupancy floor 93%

Sensitivity live

Price	-10% $106	-5% $65	+0% $24	+5% $-17	+10% $-58
Rent	-10% $-76	-5% $-26	+0% $24	+5% $74	+10% $124
Rate	-1.0pp $97	-0.5pp $61	base $24	+0.5pp $-14	+1.0pp $-52

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3341 Suncrest Dr Jackson, MS	4.0	1.0	1292	$1,225	$0.95	45d	1	0.35mi
1054 Deryll St Jackson, MS	3.0	1.5	1132	$1,050	$0.93	15d	1	0.38mi
1018 Deryll St Jackson, MS	3.0	1.0	1056	$900	$0.85	25d	1	0.40mi
1010 Deryll St Jackson, MS	3.0	2.0	1143	$1,050	$0.92	15d	1	0.41mi
2808 Ridgeland Dr Jackson, MS	3.0	2.0	1606	$1,600	$1.00	45d	1	0.44mi
2915 Longwood Dr Jackson, MS	3.0	2.0	1800	$1,400	$0.78	25d	1	0.51mi
3308 Ramona St Jackson, MS	3.0	1.0	1104	$1,150	$1.04	23d	1	0.53mi
1219 Woody Dr Jackson, MS	3.0	1.0	1058	$1,150	$1.09	25d	1	0.67mi
3049 Lakewood Dr Jackson, MS	3.0	1.0	1200	$975	$0.81	45d	1	0.73mi
2904 Marwood Dr Jackson, MS	3.0	2.0	1554	$1,250	$0.80	25d	1	0.73mi
3020 Lakewood Dr Jackson, MS	4.0	2.0	1600	$1,150	$0.72	25d	1	0.77mi
3162 Oak Forest Dr Jackson, MS	3.0	1.5	1280	$1,236	$0.97	45d	1	0.90mi
3122 Oak Forest Dr Jackson, MS	3.0	2.0	1421	$1,100	$0.77	45d	1	0.90mi
3030 Oak Forest Dr Jackson, MS	3.0	2.0	1200	$1,100	$0.92	15d	1	0.92mi
3030 Oak Forest Dr Jackson, MS	3.0	1.5	1200	$1,100	$0.92	45d	1	0.92mi
427 McDowell Park Cir Jackson, MS	3.0	1.5	1308	$1,200	$0.92	15d	1	0.98mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	15d	1	1.02mi
3147 Shirley Dr Jackson, MS	4.0	2.0	2137	$1,425	$0.67	45d	1	1.02mi
3151 Shirley Dr Jackson, MS	4.0	2.0	1474	$1,306	$0.89	15d	1	1.02mi
1223 Marydale Dr Jackson, MS	3.0	1.0	1300	$950	$0.73	45d	1	1.17mi
2873 Teresa Dr Jackson, MS	3.0	1.0	1100	$1,100	$1.00	45d	1	1.20mi
2732 Woodside Dr Jackson, MS	4.0	2.0	1566	$1,050	$0.67	25d	1	1.28mi
1513 Maria Dr Jackson, MS	3.0	2.0	1120	$1,200	$1.07	15d	1	1.31mi
1513 Maria Dr Jackson, MS	3.0	2.0	1120	$1,200	$1.07	25d	1	1.31mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	25d	1	1.33mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	15d	1	1.33mi
2729 Carleton St Jackson, MS	4.0	2.0	1666	$1,575	$0.95	15d	1	1.38mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	15d	1	1.39mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	45d	1	1.39mi
5136 Lurline Dr Unit Ma Jackson, MS	3.0	1.5	1134	$1,100	$0.97	15d	1	1.41mi
3147 Bilgray Dr Jackson, MS	3.0	2.0	1850	$1,306	$0.71	45d	1	1.42mi
103 Sykes Park Cir Jackson, MS	3.0	2.0	1500	$1,250	$0.83	45d	1	1.44mi
3511 Sykes Park Dr Jackson, MS	3.0	2.0	1225	$1,426	$1.16	15d	1	1.45mi
3152 Bilgray Dr Jackson, MS	3.0	1.5	1200	$1,100	$0.92	15d	1	1.45mi
1533 Raymond Rd Jackson, MS	2.0	1.0	1135	$1,010	$0.89	45d	1	1.46mi

Listing history 17 events

1. 2026-04-08
   status Pending
2. 2026-03-13
   status Active
3. 2026-02-24
   status Pending
4. 2026-02-12
   status Active
5. 2026-01-19
   status Pending
6. 2025-11-26
   listed $145,000 Active
7. 2025-06-18
   soldstatus Closed 589-char remark

   Show marketing remark (589 chars)

   Opportunity knocks with this solid 3-bedroom, 2-bath brick home sitting proudly on a generous corner lot in a well-established residential area of South Jackson. With covered front and back porches, you'll enjoy peaceful mornings and shaded afternoons overlooking the yard with plenty of room to expand, garden, or entertain. Inside, the home offers central AC, a functional layout, and strong bones ready for your personal touch. Whether you're an experienced investor or a savvy buyer looking for a flip, rental, or long-term hold, this property has serious potential with a little TLC.

8. 2025-05-27
   status Pending 589-char remark

   Show marketing remark (589 chars)

   Opportunity knocks with this solid 3-bedroom, 2-bath brick home sitting proudly on a generous corner lot in a well-established residential area of South Jackson. With covered front and back porches, you'll enjoy peaceful mornings and shaded afternoons overlooking the yard with plenty of room to expand, garden, or entertain. Inside, the home offers central AC, a functional layout, and strong bones ready for your personal touch. Whether you're an experienced investor or a savvy buyer looking for a flip, rental, or long-term hold, this property has serious potential with a little TLC.

9. 2025-05-12
   historical $1,295
10. 2025-05-09
    listed $79,000 Active 589-char remark

    Show marketing remark (589 chars)

    Opportunity knocks with this solid 3-bedroom, 2-bath brick home sitting proudly on a generous corner lot in a well-established residential area of South Jackson. With covered front and back porches, you'll enjoy peaceful mornings and shaded afternoons overlooking the yard with plenty of room to expand, garden, or entertain. Inside, the home offers central AC, a functional layout, and strong bones ready for your personal touch. Whether you're an experienced investor or a savvy buyer looking for a flip, rental, or long-term hold, this property has serious potential with a little TLC.

11. 2025-04-22
    listed $1,295
12. 2020-11-13
    soldstatus
13. 2002-03-22
    soldstatus 406-char remark

    Show marketing remark (406 chars)

    BANK REPO/BANK WILL FINANCE W/10% DOWN EVEN W/QUESTIONABLE CREDIT INTEREST RATE IS ACCORDING TO CRDIT/GREAT FOR INVESTORS TOO!!WOW!!10% DOWN OWNER FINANCE NON QUALIFY LOAN//CALL DEBBIE SHOWS 932-9400 THREE BEDROOM TWO BATH BRICK HOME IN GREAT NEIGHBORHOOD/KITCHEN W/BREAKFAST BAR FORMAL DININGRM DEN AND FORMAL LIVINGROOM/NICE SPACIOUS HOME/TWO CAR SIDE ENTRY CARPORT/LARGE FENCED YARD/CALL DEBBIE 932-9400

14. 2002-03-21
    soldstatus
15. 2002-02-09
    listed $64,900 406-char remark

    Show marketing remark (406 chars)

    BANK REPO/BANK WILL FINANCE W/10% DOWN EVEN W/QUESTIONABLE CREDIT INTEREST RATE IS ACCORDING TO CRDIT/GREAT FOR INVESTORS TOO!!WOW!!10% DOWN OWNER FINANCE NON QUALIFY LOAN//CALL DEBBIE SHOWS 932-9400 THREE BEDROOM TWO BATH BRICK HOME IN GREAT NEIGHBORHOOD/KITCHEN W/BREAKFAST BAR FORMAL DININGRM DEN AND FORMAL LIVINGROOM/NICE SPACIOUS HOME/TWO CAR SIDE ENTRY CARPORT/LARGE FENCED YARD/CALL DEBBIE 932-9400

16. 1998-11-20
    soldstatus
17. 1980-01-08
    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: $1,824 · $152/mo
• Projected year-2 tax: $1,824 · $152/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 4/10 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: $15,141
• − Mortgage interest: −$8,122
• − Property taxes: −$1,824
• − Insurance: −$725
• − Repairs & maintenance: −$1,211
• − Management: −$1,211
• − Depreciation: −$4,218
• Taxable loss: −$2,171
• Est. tax savings @ 24.0%: +$521
• After-tax cash flow: $808/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

+123.4% since first listed

17 events — show timeline

• 2026-04-08 Pending — MLSU
• 2026-03-13 Relisted — MLSU
• 2026-02-24 Pending — MLSU
• 2026-02-12 Relisted — MLSU
• 2026-01-19 Pending — MLSU
• 2025-11-26 Listed $145,000 MLSU
• 2025-06-18 Sold (MLS) — MLSU
• 2025-05-27 Pending — MLSU
• 2025-05-12 Rental Removed $1,295 RENTLY
• 2025-05-09 Listed $79,000 MLSU
• 2025-04-22 Listed for Rent $1,295 RENTLY
• 2020-11-13 Sold (Public Records) — Public Records
• 2002-03-22 Sold (MLS) — MLSU
• 2002-03-21 Sold (Public Records) — Public Records
• 2002-02-09 Listed $64,900 MLSU
• 1998-11-20 Sold (Public Records) — Public Records
• 1980-01-08 Sold (Public Records) — Public Records

Property tax history

+7.6%/yr

Latest (2025): $1,824 · +2.1% YoY. Source: county tax records.