619 W Sunset Dr · Brandon, MS 39042

$164,900

3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 4 Days on market

Built 2004 0.42 ac lot Est $182k · 9% 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 +26.2/30.0
• ARV discount +11.7/15.0
• DSCR +8.9/10.0
• 1% rule +6.3/10.0
• Schools +4.6/10.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this fully renovated 4-bedroom, 2-bath home in the heart of Brandon, just minutes from College Street. This move-in-ready property sits on a large lot, offering plenty of room for parking, play, or future outdoor projects. Inside, you'll find fresh, modern updates throughout—new flooring, updated bathrooms with contemporary finishes, and crisp paint inside and out give the home a clean, like-new feel. With generously sized bedrooms and a smart, functional layout, this home works perfectly for first-time buyers looking for a low-maintenance start, families needing extra space, or investors seeking a turnkey rental opportunity. Whether you're ready to stop renting or looking

Key facts

• Fully renovated
• Modern updates
• Large lot

Tags

• FULLY RENOVATED
• LARGE LOT
• UPDATED BATHROOMS
• MODERN UPDATES

Property features AI

Exterior

• Parking: Gravel parking; No garage
• Utilities: Public water; Public sewer; Electricity available; Water available; Sewer available
• Home design: Single-family house; One level
• Construction: Siding exterior; Shingle roof; Block and conventional foundation; Built (year source: appraiser)
• Exterior features: Front porch; Storage structure on property; City lot

Interior

• Flooring: Luxury vinyl flooring
• Bathrooms: 2 bathrooms
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Move-in ready condition; See remarks for specific appliances

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $420 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Cap rate 9.3% vs local median 4.2% in Brandon — 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 81/100 on livability (#3 in MS, #1,514 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute 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: Brandon Elementary School (math 69% / reading 65%, grade B+, #11 of 375 statewide, top 3%, 741 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 (+7.1%/yr); 302 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $5k 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 + 7.1% rent growth), your $46k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 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

• 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 $164,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. 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.
4. 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.
5. 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: 1.13% ✓
• Cap rate: 9.35%
• Cash-on-cash: 10.92%
• DSCR: 1.49
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $182,016
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
107 Orr Dr	0.12mi	3/1.0	1,061 (-8%)	8mo	$79,000	$74	75
311 Danbar St	0.54mi	3/2.0	1,320 (+15%)	11mo	$225,000	$170	38
126 Overby St St	0.67mi	3/2.0	1,075 (-7%)	22mo	$169,900	$158	36

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 · 7.13% rent growth · sell at horizon

5-year hold

• IRR: 4.3%
• Equity multiple: 1.17×
• Total profit: $8,045
• Equity at exit: $24,587

10-year hold

• IRR: 17.2%
• Equity multiple: 2.67×
• Total profit: $77,286
• Equity at exit: $14,258

Cash invested: $46,172 (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 39042

• Home prices YoY: -34.3%
• Rents YoY: 7.1%
• Active inventory: 302
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,859 high
• Mortgage (P&I): −$865
• Tax from tax record: −$115 /mo · $1,380/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $420

Break-even live

Break-even rent $1,327

Max offer price $164,900

Occupancy floor 72%

Sensitivity live

Price	-10% $513	-5% $467	+0% $420	+5% $373	+10% $327
Rent	-10% $273	-5% $347	+0% $420	+5% $493	+10% $567
Rate	-1.0pp $503	-0.5pp $462	base $420	+0.5pp $377	+1.0pp $334

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: $41,225
• Closing costs: $4,947
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1500 Chapelridge Way Brandon, MS	3.0	2.0	1081	$1,609	$1.49	24d	1	0.30mi
1500 Chapelridge Way Brandon, MS	2.0	2.0	921	$1,399	$1.52	22d	1	0.30mi
114 Fox Meadow Dr Brandon, MS	3.0	2.0	1500	$2,250	$1.50	14d	1	0.46mi
202 Overby St Brandon, MS	3.0	2.0	1394	$1,786	$1.28	44d	1	0.63mi
1290 W Government St Brandon, MS	1.0–3.0	1.0–2.0	1129	$1,915	$1.70	14d	27	1.31mi

Listing history 6 events

1. 2026-06-18
   status $164,900 Pending 4 DOM
2. 2026-06-17
   days on market $164,900 Active 4 DOM
3. 2026-06-16
   days on market $164,900 Active 3 DOM
4. 2026-06-15
   days on market $164,900 Active 2 DOM
5. 2026-06-14
   remarks 693-char remark
6. 2026-06-14
   listed $164,900 Active 1 DOM

ⓘ 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: $1,380 · $115/mo
• Projected year-2 tax: $1,380 · $115/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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,305
• − Mortgage interest: −$9,237
• − Property taxes: −$1,380
• − Insurance: −$824
• − Repairs & maintenance: −$1,784
• − Management: −$1,784
• − Depreciation: −$4,797
• Taxable income: $2,498
• Est. tax owed @ 24.0%: −$600
• After-tax cash flow: $4,440/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 — Brandon

• Score: 81/100
• State rank: #3
• US rank: #1514

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brandon, MS
• County: Rankin County · 123,614 people
• City population: 79,950
• Metro: Jackson, MS
• Population (ZIP): 39,142
• Household income: $88,597
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 474.0

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: Predominantly White (75%)
• Race & ethnicity: White 75% Black 21% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Italian 5% Slovak 2% Iranian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -90.04%
• Current HPI: 172.5248
• Rent YoY: ▲ 7.13%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+13.7% since first listed

14 events — show timeline

• 2026-06-13 Listed $164,900 MLSU
• 2026-04-10 Pending — MLSU
• 2026-04-09 Listing Removed — MLSU
• 2026-03-03 Price Changed $169,900 MLSU
• 2025-12-18 Listed $180,000 MLSU
• 2025-08-11 Pending — MLSU
• 2025-08-10 Listing Removed — MLSU
• 2025-07-30 Listed $202,000 MLSU
• 2025-04-14 Sold (Public Records) — Public Records
• 2025-04-05 Relisted — MLSU
• 2025-02-22 Pending — MLSU
• 2025-02-22 Listing Removed — MLSU
• 2025-02-11 Price Changed $138,000 MLSU
• 2025-01-31 Listed $145,000 MLSU

Property tax history

+10.9%/yr

Latest (2025): $1,380 · +120.7% YoY. Source: county tax records.