5854 Canton Park Dr · Jackson, MS
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,241 – $2,305
Heat risk 7/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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 +22.5/30.0
- ARV discount +8.7/15.0
- DSCR +7.2/10.0
- 1% rule +5.7/10.0
- Rent growth +4.5/5.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Schools +1.1/10.0
- Appreciation +0.0/10.0
$169,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Charming, fully remodeled 3-bedroom, 1-bath home in the desirable Canton Club subdivision. Ideal for first-time buyers or those relocating to North Jackson area, this home offers a formal dining room, living room, cozy den with fireplace, and a bright sunroom. The kitchen features a gas stove and stainless steel refrigerator. Enjoy a spacious backyard perfect for entertaining or play. Priced to sell—schedule your private showing today!
Key facts
- Formal dining room
- Gas stove
- Bright sunroom
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $169k.
Deal economics
- At list price, monthly cash flow is $284 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $169k).
- Recommended offer: $164k (3.0% below list) — sets the bar for market timing.
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: Murrah High School (math 12% / reading 27%, grade F, #130 of 197 statewide, top 68%, 1,326 students, 100% FRL).
- Market conditions: Rents rising fast (+7.9%/yr); 221 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
- This rent runs 31% of the median local income ($69k/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 $1k of loan paydown is wiped out by about $5k 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.
- At projected returns (-3.0% appreciation + 7.9% rent growth), your $47k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 59 days — a 3% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 24y ago; this cycle's ask has dropped $11k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.07% ✓
- Cap rate
- 8.31%
- Cash-on-cash
- 7.20%
- DSCR
- 1.32
- GRM
- 7.8
CMA / ARV
- ARV (on-the-fly)
- $173,788
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5854 Canton Park Dr | 0.00mi | 3/1.0 | 1,838 (-3%) | 0mo | $169,000 | $92 | 95 |
| 220 Beechcrest Dr | 0.21mi | 3/2.0 | 1,930 (+2%) | 2mo | $135,500 | $70 | 81 |
| 315 Melrose Dr | 0.43mi | 3/2.0 | 1,906 (+1%) | 3mo | $130,000 | $68 | 72 |
| 5863 Canton Park Dr | 0.04mi | 4/2.0 (+1) | 1,703 (-10%) | 4mo | $84,000 | $49 | 70 |
| 5846 Baxter Dr | 0.46mi | 3/2.0 | 2,027 (+7%) | 5mo | $254,500 | $126 | 58 |
| 5805 E Sedgwick Ct | 0.33mi | 4/2.0 (+1) | 2,093 (+11%) | 1mo | $165,000 | $79 | 57 |
| 5730 Sedgwick Dr | 0.31mi | 4/2.0 (+1) | 1,700 (-10%) | 5mo | $150,000 | $88 | 56 |
| 5865 E Sedgwick Ct | 0.29mi | 3/2.0 | 2,164 (+15%) | 5mo | $149,000 | $69 | 54 |
| 1810 Lake Trace Dr | 0.58mi | 3/2.0 | 1,702 (-10%) | 2mo | $240,000 | $141 | 51 |
| 5984 Libby Ln | 0.73mi | 3/2.0 | 2,041 (+8%) | 6mo | $245,000 | $120 | 44 |
| 213 S Park Dr | 0.68mi | 3/2.0 | 1,674 (-11%) | 4mo | $159,900 | $96 | 42 |
| 223 S Park Dr | 0.73mi | 4/2.0 (+1) | 1,665 (-12%) | 2mo | $160,000 | $96 | 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 · 7.9% rent growth · sell at horizon
- IRR
- 0.1%
- Equity multiple
- 1.00×
- Total profit
- $98
- Equity at exit
- $25,198
- IRR
- 14.2%
- Equity multiple
- 2.40×
- Total profit
- $66,062
- Equity at exit
- $14,612
Cash invested: $47,320 (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
ZIP-level market 39211
- Rents YoY
- 7.9%
- Active inventory
- 221
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,814 high interval (Pro) →
- Mortgage (P&I)
- −$886
- Tax from tax record
- −$193 /mo · $2,311/yr
- Insurance
- −$70
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$381
- Net cashflow
- $284
Break-even live
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
- $42,250
- Closing costs
- $5,070
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 14 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5855 Canton Park Dr Jackson, MS | 4.0 | 2.0 | 1955 | $1,675 | $0.86 | 23d | 1 | 0.07mi |
| 5855 Canton Park Dr Jackson, MS | 4.0 | 2.0 | 2401 | $1,675 | $0.70 | 13d | 1 | 0.07mi |
| 119 S Canton Club Cir Jackson, MS | 3.0 | 2.0 | 1444 | $1,595 | $1.10 | 23d | 1 | 0.15mi |
| 120 Parkway Dr Jackson, MS | 1.0–3.0 | 1.0–2.0 | 1076 | $2,255 | $2.10 | 13d | 15 | 0.47mi |
| 2009 Lake Trace Dr Jackson, MS | 4.0 | 2.0 | 2028 | $1,950 | $0.96 | 13d | 1 | 0.61mi |
| 51 Northtown Dr Unit 001G Jackson, MS | 3.0 | 2.0 | 1260 | $1,449 | $1.15 | 13d | 1 | 0.70mi |
| 117 Rolling Creek Dr Jackson, MS | 4.0 | 2.5 | 2459 | $2,700 | $1.10 | 23d | 1 | 0.84mi |
| 51 Northtown Dr Unit 002G Jackson, MS | 3.0 | 2.0 | 1260 | $1,644 | $1.30 | 43d | 1 | 0.85mi |
| 51 Northtown Dr Unit 021A Jackson, MS | 3.0 | 2.0 | 1500 | $1,694 | $1.13 | 21d | 1 | 0.85mi |
| 51 Northtown Dr Unit 001F Jackson, MS | 3.0 | 2.0 | 1260 | $1,644 | $1.30 | 13d | 1 | 0.85mi |
| 51 Northtown Dr Unit 001B Jackson, MS | 3.0 | 2.0 | 1260 | $1,499 | $1.19 | 13d | 1 | 0.85mi |
| 47 Moss Forest Cir Jackson, MS | 4.0 | 3.0 | 2624 | $3,000 | $1.14 | 13d | 1 | 0.92mi |
| 35 Meadowoods Ter Jackson, MS | 3.0 | 2.0 | 1269 | $1,450 | $1.14 | 23d | 1 | 1.04mi |
| 1620 E County Line Rd Ridgeland, MS | 1.0–3.0 | 1.0–2.5 | 1126 | $1,595 | $1.42 | 13d | 7 | 1.37mi |
Listing history 20 events
-
2026-04-09status Pending
-
2026-04-03status Active
-
2026-03-23status Pending
-
2026-03-06status Active
-
2026-03-05historical
-
2026-03-03price $169,000
-
2026-01-28$179,900 Active
-
2006-07-04historical
-
2006-07-04historical
-
2006-07-03$128,500
-
2006-07-03$128,500
-
2005-07-26soldstatus
-
2005-07-22soldstatus
-
2005-05-05$80,000
-
2002-12-31soldstatus
-
2002-12-31soldstatus
-
2002-08-26$89,900
-
1999-03-12soldstatus
-
1992-02-21soldstatus
-
1985-01-04soldstatus
ⓘ 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
- $2,311 · $193/mo
- Projected year-2 tax
- $2,311 · $193/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 1/10 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,770
- − Mortgage interest
- −$9,467
- − Property taxes
- −$2,311
- − Insurance
- −$845
- − Repairs & maintenance
- −$1,742
- − Management
- −$1,742
- − Depreciation
- −$4,916
- Taxable income
- $747
- Est. tax owed @ 24.0%
- −$179
- After-tax cash flow
- $3,227/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
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)
- 23,838
- Household income
- $69,426
- Rent vs Own
- Severe rent burden
- 736.0
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
- Majority Black (59%)
- Race & ethnicity
- Black 59% White 36% Hispanic / Latino 3% Two or more races 2%
- Common ancestry
- Serbian 2% Italian 2% Slovak 1%
- Foreign-born
- 2% · Canada, China
- Languages at home
- 96% English-only · Spanish 3% Chinese 1%
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
- ▼ -135.99%
- Current HPI
- 145.5192
- Rent YoY
- ▲ 7.90%
- Metro
- Jackson, MS
- State GDP YoY
- —
- F500 in state
- 0
Price history
+88.0% since first listed20 events — show timeline
- 2026-04-09 Pending — MLSU
- 2026-04-03 Relisted — MLSU
- 2026-03-23 Pending — MLSU
- 2026-03-06 Relisted — MLSU
- 2026-03-05 Listing Removed — MLSU
- 2026-03-03 Price Changed $169,000 MLSU
- 2026-01-28 Listed $179,900 MLSU
- 2006-07-04 Listing Removed — MLSU
- 2006-07-04 Listing Removed — MLSU
- 2006-07-03 Listed $128,500 MLSU
- 2006-07-03 Listed $128,500 MLSU
- 2005-07-26 Sold (MLS) — MLSU
- 2005-07-22 Sold (Public Records) — Public Records
- 2005-05-05 Listed $80,000 MLSU
- 2002-12-31 Sold (Public Records) — Public Records
- 2002-12-31 Sold (MLS) — MLSU
- 2002-08-26 Listed $89,900 MLSU
- 1999-03-12 Sold (Public Records) — Public Records
- 1992-02-21 Sold (Public Records) — Public Records
- 1985-01-04 Sold (Public Records) — Public Records
Property tax history
+7.6%/yrLatest (2025): $2,311 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…