3455 Lanell Ln · Pearl, MS 39208

$110,000

3 bd · 1.0 ba · 1,427 sqft · SingleFamily public records · 2 Days on market

Built 1968 0.28 ac lot Est $211k · 48% under

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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 +4.1/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

Key facts

• 0.28 acre lot
• Built 1968
• Listed 2 days

Property features AI

Finance

• Other: Property condition: Fixer; Living area source: Appraiser; Lot size approx. 0.28 acres

Exterior

• Parking: Driveway (concrete)
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected; Water connected
• Home design: Single family residence; House; One level
• Construction: Brick construction; Asphalt shingle roof; Slab foundation; Built in (year source: Assessor)
• Exterior features: Front porch; Back yard fencing (chain link and wood)

Interior

• Kitchen: Dishwasher; Microwave; Free-standing electric range; Exhaust fan; Water heater
• Flooring: Concrete floors; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Eat-in kitchen; Walk-in closet(s); Aluminum-framed windows

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $609 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Cap rate 12.9% vs local median 5.5% in Pearl — 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 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-.
• Pearl Public School District (suburban): math 44% / reading 42% proficiency, ranked #32 of 130 in MS (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pearl Lower Elementary School (782 students, 100% FRL); Pearl Junior High School (math 46% / reading 40%, grade D-, #47 of 179 statewide, top 26%, 1,001 students, 100% FRL); Pearl High School (math 46% / reading 49%, grade D, #28 of 197 statewide, top 14%, 1,262 students, 100% FRL) — zoned schools average 100% FRL vs 57% district-wide (42 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; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 343 units permitted in Rankin County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% 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 $761 of loan paydown is wiped out by about $3k 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 + 6.3% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 10y 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 $110,000

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
5. 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.
6. 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: 1.61% ✓
• Cap rate: 12.94%
• Cash-on-cash: 23.72%
• DSCR: 2.06
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $211,196
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3443 Beaumont Dr	0.29mi	3/2.0	1,437 (+1%)	1mo	$120,000	$84	81
517 Cindy Ln	0.32mi	3/2.0	1,463 (+2%)	2mo	$209,900	$143	76
503 Bruin Ave	0.41mi	3/2.0	1,400 (-2%)	1mo	$214,999	$154	73
119 Hill Cir	0.17mi	3/2.0	1,291 (-10%)	1mo	$205,000	$159	71
464 Robert Michael Dr	0.58mi	3/2.0	1,454 (+2%)	2mo	$239,999	$165	64
256 Bruin Ave	0.47mi	3/2.0	1,500 (+5%)	3mo	$229,900	$153	64
118 Hill Cir	0.14mi	3/2.0	1,216 (-15%)	2mo	$179,900	$148	63
2607 Jennifer Dr	0.64mi	3/2.0	1,440 (+1%)	2mo	$230,000	$160	62
230 Jeffries Dr	0.58mi	4/2.0 (+1)	1,452 (+2%)	1mo	$115,000	$79	60
602 Pemberton Dr	0.30mi	3/2.0	1,636 (+15%)	2mo	$221,500	$135	56
180 Pemberton Dr	0.65mi	3/2.0	1,367 (-4%)	3mo	$145,000	$106	56
250 Maxine Cir	0.49mi	4/2.0 (+1)	1,550 (+9%)	2mo	$224,300	$145	52

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: 20.7%
• Equity multiple: 1.88×
• Total profit: $27,141
• Equity at exit: $16,401

10-year hold

• IRR: 31.1%
• Equity multiple: 4.27×
• Total profit: $100,735
• Equity at exit: $9,511

Cash invested: $30,800 (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 39208

• Home prices YoY: -20.3%
• Rents YoY: 6.3%
• Active inventory: 265
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,768 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$165 /mo · $1,979/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $609

Break-even live

Break-even rent $997

Max offer price $110,000

Occupancy floor 61%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
142 W Lisa Dr Pearl, MS	3.0	1.5	1512	$1,706	$1.13	13d	1	0.28mi
523 Sardis St Pearl, MS	4.0	2.0	1720	$1,900	$1.10	43d	1	0.59mi
180 Pemberton Dr Pearl, MS	3.0	2.0	1367	$1,700	$1.24	43d	1	0.64mi
2144 Napoleon Ave Pearl, MS	3.0	2.0	1265	$1,550	$1.23	43d	1	1.30mi

Listing history 19 events

1. 2026-05-22
   listed $110,000 Active
2. 2024-04-18
   historical $1,950
3. 2024-04-11
   listed $1,950
4. 2024-04-11
   price $1,950
5. 2024-01-22
   soldstatus
6. 2024-01-16
   soldstatus Closed 607-char remark

   Show marketing remark (607 chars)

   Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

7. 2023-12-20
   status Pending 607-char remark

   Show marketing remark (607 chars)

   Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

8. 2023-11-14
   price $199,000 607-char remark

   Show marketing remark (607 chars)

   Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

9. 2023-10-25
   price $210,000 607-char remark

   Show marketing remark (607 chars)

   Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

10. 2023-10-14
    status Active 607-char remark

    Show marketing remark (607 chars)

    Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

11. 2023-10-09
    status Pending 607-char remark

    Show marketing remark (607 chars)

    Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

12. 2023-09-29
    listed $215,000 Active 607-char remark

    Show marketing remark (607 chars)

    Super adorable and MOVE IN READY home in Pearl!! Being close to dining, shopping, and entertainment this location is super convenient! This open concept home features 4 Bedrooms, 2 Bathrooms, neutral paint colors throughout, an updated kitchen with granite counters, stainless appliances, and MUCH more! The 4th bedroom could easily be a multi purpose space if desired. Beautiful French doors lead you out to an oversized patio that overlooks a large fenced in yard where you can enjoy time relaxing after a long day or entertaining friends and family! Call your REALTOR today to schedule a private showing!

13. 2021-10-08
    historical
14. 2020-07-29
    soldstatus
15. 2020-07-17
    soldstatus
16. 2020-06-11
    listed $149,900
17. 2019-07-12
    listed $154,900
18. 2017-02-17
    soldstatus
19. 2016-10-14
    listed $42,900

ⓘ 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: $1,979 · $165/mo
• Projected year-2 tax: $1,979 · $165/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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,213
• − Mortgage interest: −$6,162
• − Property taxes: −$1,979
• − Insurance: −$550
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − Depreciation: −$3,200
• Taxable income: $5,928
• Est. tax owed @ 24.0%: −$1,423
• After-tax cash flow: $5,884/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: Pearl Public School District
• NCES district ID: 2803520
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 42% ▼ -9.00%
• Median HH income: $42,525
• Composite: 36.29/100
• National rank: #4699
• State rank: #32 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

• Census place: Pearl, MS
• 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

+156.4% since first listed

19 events — show timeline

• 2026-05-22 Listed $110,000 MLSU
• 2024-04-18 Rental Removed $1,950 MLSU
• 2024-04-11 Listed for Rent $1,950 MLSU
• 2024-04-11 Price Changed $1,950 APPFOLIO
• 2024-01-22 Sold (Public Records) — Public Records
• 2024-01-16 Sold (MLS) — MLSU
• 2023-12-20 Pending — MLSU
• 2023-11-14 Price Changed $199,000 MLSU
• 2023-10-25 Price Changed $210,000 MLSU
• 2023-10-14 Relisted — MLSU
• 2023-10-09 Pending — MLSU
• 2023-09-29 Listed $215,000 MLSU
• 2021-10-08 Listing Removed — MLSU
• 2020-07-29 Sold (Public Records) — Public Records
• 2020-07-17 Sold (MLS) — MLSU
• 2020-06-11 Listed $149,900 MLSU
• 2019-07-12 Listed $154,900 MLSU
• 2017-02-17 Sold (MLS) — MLSU
• 2016-10-14 Listed $42,900 MLSU

Property tax history

+13.7%/yr

Latest (2025): $1,979 · +94.2% YoY. Source: county tax records.