4210 O Bannon Dr · Jackson, MS 39213

$65,000

3 bd · 1.0 ba · 816 sqft · SingleFamily public records · 42 Days on market

Built 1962 2,178 sqft lot $80/sqft · 33% above area Est $53k · 23% over

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to a home that offers comfort, flexibility, and room to enjoy life both inside and out. This 3-bedroom, 1-bath property is an excellent opportunity for first-time home buyers and investors alike. Inside, you'll find comfortable living complemented by central air and central heat for year-round ease. This well-kept three-bedroom home is ready to welcome its next chapter. Bright, comfortable, and in good condition throughout. The kitchen comes equipped with a stove and refrigerator, so new occupants can settle in and start cooking right away, while a dependable hot water tank keeps daily life running smoothly. With plenty of space to relax, rest, and gather, this home is a lovely blend of comfort, convenience, and move-in readiness. PLUS, Step out back to a large deck and a fully fenced yard, perfect for pets, play, or quiet evenings outdoors. Whether you're looking for a welcoming place to call home or a property with income upside, this one offers flexibility, comfort, and value. Home sold ''As Is''. Call your realtor for a showing today!

Key facts

• 2,178 sq ft lot
• Built 1962
• Listed 42 days

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Sewer connected
• Home design: Single-family house; One story; Move-in ready
• Construction: Brick and shingle siding exterior; Aluminum roof; Built according to public records
• Exterior features: Deck; Front porch; Private yard; Back yard fencing; City lot

Interior

• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Gas water heater; Laminate flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $356 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($991 rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 9.9% in Jackson — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Johnson Elementary School (math 2% / reading 12%, grade F, #337 of 375 statewide, top 94%, 290 students, 100% FRL); Brinkley Middle School (math 8% / reading 8%, grade F, #165 of 179 statewide, top 93%, 354 students, 100% FRL); Lanier High School (math 3% / reading 2%, grade F, #197 of 197 statewide, top 100%, 603 students, 100% FRL).
• Market conditions: 81 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• This rent runs 40% of the median local income ($30k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $7k of equity ($449 loan paydown + $6k appreciation (10.0% local appreciation)).
• Hinds County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 4 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 $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1962 — 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: 1.53% ✓
• Cap rate: 12.86%
• Cash-on-cash: 23.46%
• DSCR: 2.04
• GRM: 5.5

CMA / ARV

• ARV (median comp): $52,773
• List price: $65,000
• Delta: 23.17%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2728 Idaho St	0.16mi	3/1.0	816 (0%)	15mo	$38,000	$47	80
2857 Newport St	0.28mi	3/1.0	864 (+6%)	3mo	$40,000	$46	75
2728 Utah St	0.08mi	3/1.0	887 (+9%)	11mo	$35,000	$39	73
2810 Newport St	0.22mi	3/1.0	909 (+11%)	10mo	$72,500	$80	63

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.9%
• Equity multiple: 4.19×
• Total profit: $58,063
• Equity at exit: $58,557

10-year hold

• IRR: 36.2%
• Equity multiple: 9.42×
• Total profit: $153,168
• Equity at exit: $126,281

Cash invested: $18,200 (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 39213

• Home prices YoY: 7.0%
• Active inventory: 81
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $991 high
• Mortgage (P&I): −$341
• Tax from tax record: −$59 /mo · $714/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$208
• Net cashflow: $356

Break-even live

Break-even rent $541

Max offer price $65,000

Occupancy floor 59%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2475 Greenfield Ave Jackson, MS	2.0	1.5	1000	$800	$0.80	44d	1	0.50mi
3625 Liberty St Jackson, MS	3.0	1.0	1056	$1,190	$1.13	14d	1	0.83mi
3380 Shady Oaks St Unit B Jackson, MS	2.0	1.0	721	$871	$1.21	23d	1	1.37mi
3380 Shady Oaks St Unit D Jackson, MS	2.0	1.0	721	$832	$1.15	44d	1	1.37mi
3380 Shady Oaks St Jackson, MS	2.0	1.0	721	$871	$1.21	14d	1	1.37mi
1175 Eminence Row Jackson, MS	2.0	1.0	700	$650	$0.93	44d	1	1.40mi

Listing history 31 events

1. 2026-06-18
   days on market $65,000 Active 42 DOM
2. 2026-06-17
   days on market $65,000 Active 41 DOM
3. 2026-06-16
   days on market $65,000 Active 40 DOM
4. 2026-06-15
   days on market $65,000 Active 39 DOM
5. 2026-06-14
   days on market $65,000 Active 37 DOM
6. 2026-06-13
   days on market $65,000 Active 36 DOM
7. 2026-06-10
   days on market $65,000 Active 34 DOM
8. 2026-06-09
   days on market $65,000 Active 33 DOM
9. 2026-06-08
   days on market $65,000 Active 32 DOM
10. 2026-06-07
    days on market $65,000 Active 31 DOM
11. 2026-06-05
    days on market $65,000 Active 28 DOM
12. 2026-06-03
    days on market $65,000 Active 27 DOM
13. 2026-06-02
    days on market $65,000 Active 26 DOM
14. 2026-06-01
    days on market $65,000 Active 25 DOM
15. 2026-05-31
    days on market $65,000 Active 24 DOM
16. 2026-05-30
    days on market $65,000 Active 23 DOM
17. 2026-05-07
    status Active 297-char remark
18. 2026-05-05
    historical 297-char remark
19. 2026-05-05
    listed $67,000 Active 297-char remark
20. 2026-02-18
    soldstatus Closed 1077-char remark

    Show marketing remark (1077 chars)

    Welcome to a home that offers comfort, flexibility, and room to enjoy life both inside and out. This 3-bedroom, 1-bath property is an excellent opportunity for first-time home buyers and investors alike. Inside, you'll find comfortable living complemented by central air and central heat for year-round ease. This well-kept three-bedroom home is ready to welcome its next chapter. Bright, comfortable, and in good condition throughout. The kitchen comes equipped with a stove and refrigerator, so new occupants can settle in and start cooking right away, while a dependable hot water tank keeps daily life running smoothly. With plenty of space to relax, rest, and gather, this home is a lovely blend of comfort, convenience, and move-in readiness. PLUS, Step out back to a large deck and a fully fenced yard, perfect for pets, play, or quiet evenings outdoors. Whether you're looking for a welcoming place to call home or a property with income upside, this one offers flexibility, comfort, and value. Home sold ''As Is''. Call your realtor for a showing today!

21. 2026-02-07
    status Pending 1077-char remark

    Show marketing remark (1077 chars)

    Welcome to a home that offers comfort, flexibility, and room to enjoy life both inside and out. This 3-bedroom, 1-bath property is an excellent opportunity for first-time home buyers and investors alike. Inside, you'll find comfortable living complemented by central air and central heat for year-round ease. This well-kept three-bedroom home is ready to welcome its next chapter. Bright, comfortable, and in good condition throughout. The kitchen comes equipped with a stove and refrigerator, so new occupants can settle in and start cooking right away, while a dependable hot water tank keeps daily life running smoothly. With plenty of space to relax, rest, and gather, this home is a lovely blend of comfort, convenience, and move-in readiness. PLUS, Step out back to a large deck and a fully fenced yard, perfect for pets, play, or quiet evenings outdoors. Whether you're looking for a welcoming place to call home or a property with income upside, this one offers flexibility, comfort, and value. Home sold ''As Is''. Call your realtor for a showing today!

22. 2026-02-05
    listed $45,000 Active 1077-char remark

    Show marketing remark (1077 chars)

    Welcome to a home that offers comfort, flexibility, and room to enjoy life both inside and out. This 3-bedroom, 1-bath property is an excellent opportunity for first-time home buyers and investors alike. Inside, you'll find comfortable living complemented by central air and central heat for year-round ease. This well-kept three-bedroom home is ready to welcome its next chapter. Bright, comfortable, and in good condition throughout. The kitchen comes equipped with a stove and refrigerator, so new occupants can settle in and start cooking right away, while a dependable hot water tank keeps daily life running smoothly. With plenty of space to relax, rest, and gather, this home is a lovely blend of comfort, convenience, and move-in readiness. PLUS, Step out back to a large deck and a fully fenced yard, perfect for pets, play, or quiet evenings outdoors. Whether you're looking for a welcoming place to call home or a property with income upside, this one offers flexibility, comfort, and value. Home sold ''As Is''. Call your realtor for a showing today!

23. 2018-02-23
    soldstatus
24. 2017-01-12
    soldstatus

    Show marketing remark (142 chars)

    HOME IS CONVENIENT, BUS STOP IN FRONT OF THE HOUSE. ALL ACCESS ENTRIES INCLUDING WINDOWS HAVE BEEN REENFORCED/INSTALLED IN ORNATE-HEAVY METAL.

25. 2017-01-12
    soldstatus

    Show marketing remark (142 chars)

    HOME IS CONVENIENT, BUS STOP IN FRONT OF THE HOUSE. ALL ACCESS ENTRIES INCLUDING WINDOWS HAVE BEEN REENFORCED/INSTALLED IN ORNATE-HEAVY METAL.

26. 2016-12-16
    listed $41,000

    Show marketing remark (142 chars)

    HOME IS CONVENIENT, BUS STOP IN FRONT OF THE HOUSE. ALL ACCESS ENTRIES INCLUDING WINDOWS HAVE BEEN REENFORCED/INSTALLED IN ORNATE-HEAVY METAL.

27. 2015-10-22
    soldstatus
28. 2009-12-16
    soldstatus
29. 2009-11-27
    soldstatus
30. 2009-10-13
    soldstatus
31. 1963-03-01
    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: $714 · $59/mo
• Projected year-2 tax: $714 · $59/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 ≥109°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: $11,897
• − Mortgage interest: −$3,641
• − Property taxes: −$714
• − Insurance: −$325
• − Repairs & maintenance: −$952
• − Management: −$952
• − Depreciation: −$1,891
• Taxable income: $3,423
• Est. tax owed @ 24.0%: −$821
• After-tax cash flow: $3,448/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): 18,691
• Household income: $29,541
• Rent vs Own: 52.7% rent · 47.3% own
• Severe rent burden: 1138.0

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 (95%)
• Race & ethnicity: Black 95% White 2% Two or more races 1% Hispanic / Latino 1%
• Foreign-born: 0% · Canada
• Languages at home: 98% 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: ▲ 21.42%
• Current HPI: 329.1844
• Rent YoY: —
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+58.5% since first listed

16 events — show timeline

• 2026-05-19 Price Changed $65,000 MLSU
• 2026-05-07 Relisted — MLSU
• 2026-05-05 Listing Removed — MLSU
• 2026-05-05 Listed $67,000 MLSU
• 2026-02-18 Sold (MLS) — MLSU
• 2026-02-07 Pending — MLSU
• 2026-02-05 Listed $45,000 MLSU
• 2018-02-23 Sold (Public Records) — Public Records
• 2017-01-12 Sold (Public Records) — Public Records
• 2017-01-12 Sold (MLS) — MLSU
• 2016-12-16 Listed $41,000 MLSU
• 2015-10-22 Sold (Public Records) — Public Records
• 2009-12-16 Sold (Public Records) — Public Records
• 2009-11-27 Sold (Public Records) — Public Records
• 2009-10-13 Sold (Public Records) — Public Records
• 1963-03-01 Sold (Public Records) — Public Records

Property tax history

+0.9%/yr

Latest (2025): $714 · +0.4% YoY. Source: county tax records.