7 County Road 370 · Taylor, MS 38655

$219,000

3 bd · 2.0 ba · 984 sqft · SingleFamily public records · 73 Days on market

Built 1990 0.36 ac lot $223/sqft · at area comps Est $250k · 12% under ↓ 14% since listing

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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 +14.9/30.0
• ARV discount +13.0/15.0
• DSCR +4.6/10.0
• 1% rule +4.1/10.0
• Rent growth +3.7/5.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Country charm meets Oxford convenience at 7 CR 370! This 3 bed, 2 bath home on a . 36-acre lot in Lafayette County is priced to move — and it's ready to impress. Fresh updates from summer 2025 include a renovated kitchen with new countertops and white cabinets, new interior and exterior paint, updated lighting, and a tankless hot water heater. A completely new roof was just installed in April 2026, so the big-ticket items are already done for you. Hardwood floors, a covered front porch, entertaining space that's ready for your fire pit, and a back deck with beautiful wooded views round out this move-in ready package. Lafayette County schools, less than a mile from Hwy 7S, and a private country setting — all at a price that won't last long in this market. Homes like this don't sit. Schedule your showing today before someone it's gone!

Key facts

• 0.36 acre lot
• Built 1990
• Listed 72 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $219k.

Deal economics

• At list price, monthly cash flow is $63 ($762/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 $200k (8.9% below list).
• Recommended offer: $200k (8.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#51 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F, commute F.
• Lafayette County School District (town): math 47% / reading 40% proficiency, ranked #29 of 130 in MS (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lafayette Upper Elementary School (math 46% / reading 39%, grade F, #105 of 375 statewide, top 28%, 823 students, 100% FRL); Lafayette Middle School (math 45% / reading 42%, grade D, #46 of 179 statewide, top 25%, 447 students, 99% FRL); Lafayette High School (math 53% / reading 42%, grade D, #28 of 197 statewide, top 14%, 868 students, 100% FRL) — zoned schools average 100% FRL vs 49% district-wide (50 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.8%/yr); 857 active listings in the ZIP; 503 units permitted in Lafayette County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($68k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Lafayette County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $65k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,610 (8.9% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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?
6. 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.
7. 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.
8. 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: 0.91% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.24%
• DSCR: 1.06
• GRM: 9.1

CMA / ARV

• ARV (median comp): $249,644
• List price: $219,000
• Delta: -4.26%
• Verdict: FAIR
• Comps: 4 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.85% rent growth · sell at horizon

5-year hold

• IRR: -12.2%
• Equity multiple: 0.55×
• Total profit: $-27,632
• Equity at exit: $32,654

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,609
• Equity at exit: $18,935

Cash invested: $61,320 (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

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 38655

• Rents YoY: 4.8%
• Active inventory: 857
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,996 medium
• Mortgage (P&I): −$1,148
• Tax est. 1.5%: −$274 /mo · $3,285/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $63

Break-even live

Break-even rent $1,916

Max offer price $219,000

Occupancy floor 92%

Sensitivity live

Price	-10% $215	-5% $139	+0% $63	+5% $-12	+10% $-88
Rent	-10% $-94	-5% $-15	+0% $63	+5% $142	+10% $221
Rate	-1.0pp $174	-0.5pp $119	base $63	+0.5pp $7	+1.0pp $-51

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-22
   pricedays on market $219,000 Active 73 DOM
2. 2026-06-19
   days on market $239,000 Active 70 DOM
3. 2026-06-18
   days on market $239,000 Active 69 DOM
4. 2026-06-17
   days on market $239,000 Active 68 DOM
5. 2026-06-16
   days on market $239,000 Active 67 DOM
6. 2026-06-15
   days on market $239,000 Active 66 DOM
7. 2026-06-14
   days on market $239,000 Active 64 DOM
8. 2026-06-12
   days on market $239,000 Active 63 DOM
9. 2026-06-09
   days on market $239,000 Active 60 DOM
10. 2026-06-08
    days on market $239,000 Active 59 DOM
11. 2026-06-07
    pricedays on market $239,000 Active 58 DOM
12. 2026-06-02
    days on market $259,000 Active 53 DOM
13. 2026-06-01
    days on market $259,000 Active 52 DOM
14. 2026-05-31
    days on market $259,000 Active 51 DOM
15. 2026-05-30
    days on market $259,000 Active 50 DOM
16. 2026-05-08
    price $259,000 858-char remark

    Show marketing remark (858 chars)

    Country charm meets Oxford convenience at 7 CR 370! This 3 bed, 2 bath home on a . 36-acre lot in Lafayette County is priced to move — and it's ready to impress. Fresh updates from summer 2025 include a renovated kitchen with new countertops and white cabinets, new interior and exterior paint, updated lighting, and a tankless hot water heater. A completely new roof was just installed in April 2026, so the big-ticket items are already done for you. Hardwood floors, a covered front porch, entertaining space that's ready for your fire pit, and a back deck with beautiful wooded views round out this move-in ready package. Lafayette County schools, less than a mile from Hwy 7S, and a private country setting — all at a price that won't last long in this market. Homes like this don't sit. Schedule your showing today before someone it's gone!

17. 2026-04-10
    listed $284,000 Active 858-char remark

    Show marketing remark (858 chars)

    Country charm meets Oxford convenience at 7 CR 370! This 3 bed, 2 bath home on a . 36-acre lot in Lafayette County is priced to move — and it's ready to impress. Fresh updates from summer 2025 include a renovated kitchen with new countertops and white cabinets, new interior and exterior paint, updated lighting, and a tankless hot water heater. A completely new roof was just installed in April 2026, so the big-ticket items are already done for you. Hardwood floors, a covered front porch, entertaining space that's ready for your fire pit, and a back deck with beautiful wooded views round out this move-in ready package. Lafayette County schools, less than a mile from Hwy 7S, and a private country setting — all at a price that won't last long in this market. Homes like this don't sit. Schedule your showing today before someone it's gone!

18. 2025-03-03
    status Pending
19. 2024-11-02
    listed $254,900 Active
20. 2024-08-06
    price $255,000
21. 2024-04-12
    listed $299,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 25% 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: $23,953
• − Mortgage interest: −$12,267
• − Property taxes: −$3,285
• − Insurance: −$1,095
• − Repairs & maintenance: −$1,916
• − Management: −$1,916
• − Depreciation: −$6,371
• Taxable loss: −$2,898
• Est. tax savings @ 24.0%: +$695
• After-tax cash flow: $1,457/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: Lafayette County School District
• NCES district ID: 2802370
• Math proficiency: 47% ▼ -16.00%
• Reading proficiency: 40% ▼ -12.00%
• Median HH income: $46,476
• Composite: 37.09/100
• National rank: #4498
• State rank: #29 of 130 in MS

Livability — Taylor

• Score: 69/100
• State rank: #51
• US rank: #8457

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lafayette County · 46,156 people
• City population: 46,156
• Metro: Oxford, MS
• Population (ZIP): 46,156
• Household income: $68,235
• Rent vs Own: 39.6% rent · 60.4% own
• Severe rent burden: 1892.0

Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 66,984 people
• By 2030: 74,726 · +11.6%
• By 2040: 90,806 · +35.6%
• By 2050: 108,114 · +61.4%
• By 2075: 151,215 · +125.7%
• By 2100: 187,997 · +180.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 24% Hispanic / Latino 4% Asian 2% Two or more races 2%
• Common ancestry: Slovak 3% Serbian 2% Lithuanian 1%
• Foreign-born: 4% · Canada, China, Vietnam
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% Vietnamese 1%

Political lean MEDSL · Lafayette

• 2024 margin: Strong R (+21.8) · D 38.3% · R 60.0% · Other 1.7%
• 2008→2024 swing: -9.4pp toward R · 2008: -12.4pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+12.3 2016: R+14.8 2012: R+15.6 2008: R+12.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -204.86%
• Current HPI: 211.5486
• Rent YoY: ▲ 4.85%
• Metro: Oxford, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-13.6% since first listed

6 events — show timeline

• 2026-05-08 Price Changed $259,000 NCMBR
• 2026-04-10 Listed $284,000 NCMBR
• 2025-03-03 Pending — NCMBR
• 2024-11-02 Listed $254,900 NCMBR
• 2024-08-06 Price Changed $255,000 NCMBR
• 2024-04-12 Listed $299,900 NCMBR

Property tax history

+4.5%/yr

Latest (2025): $316 · +23.5% YoY. Source: county tax records.