403 Queen Julianna Ln · Jackson, MS 39209

$54,900

4 bd · 1.5 ba · 1,324 sqft · SingleFamily public records · 131 Days on market

Built 1959 9,583 sqft lot $41/sqft · 9% below area Est $60k · 9% under ↓ 14% since listing

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Why this score? — see what drove the A- 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 +11.5/15.0
• 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

Listing remarks MLS

Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

Key facts

• 9,583 sq ft lot
• Built 1959
• Listed 131 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $690 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 21.4% vs local median 9.9% in Jackson — 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 68/100 on livability (#66 in MS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment 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.
• Market conditions: 165 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• At $1,371/mo this rent would consume 45% of the median local household income ($36k/yr) (locally 1627% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $6k of equity ($380 loan paydown + $5k 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 $15k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $15k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $48,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 2.50% ✓
• Cap rate: 21.37%
• Cash-on-cash: 53.83%
• DSCR: 3.40
• GRM: 3.3

CMA / ARV

• ARV (median comp): $60,301
• List price: $54,900
• Delta: -8.96%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
344 Queen Margaret Ln	0.12mi	3/2.0 (-1)	1,300 (-2%)	1mo	$74,900	$58	84
506 Lowder Dr	0.28mi	3/1.5 (-1)	1,318 (-0%)	4mo	$62,500	$47	78
664 Queen Julianna Ln	0.39mi	4/1.5	1,300 (-2%)	2mo	$65,000	$50	77
5629 Queen Mary Ln	0.22mi	4/2.0	1,272 (-4%)	6mo	$90,000	$71	76
5770 Queen Mary Ln	0.15mi	3/1.5 (-1)	1,184 (-11%)	1mo	$74,900	$63	70
5219 Queen Eleanor Ln	0.37mi	3/2.0 (-1)	1,424 (+8%)	2mo	$108,500	$76	62
5717 Wildflower Dr	0.44mi	3/2.0 (-1)	1,283 (-3%)	8mo	$119,000	$93	60
131 Queen Joanna Ln	0.49mi	3/2.0 (-1)	1,376 (+4%)	6mo	$68,000	$49	59
135 Queen Anne Ln	0.44mi	3/2.0 (-1)	1,248 (-6%)	5mo	$64,900	$52	59
151 Queen Joanna Ln	0.45mi	3/2.0 (-1)	1,248 (-6%)	6mo	$52,900	$42	57
216 Meadowview St	0.66mi	3/1.0 (-1)	1,352 (+2%)	2mo	$44,700	$33	57
667 Queen Cir	0.45mi	3/1.5 (-1)	1,170 (-12%)	1mo	$124,900	$107	54

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: 66.9%
• Equity multiple: 5.80×
• Total profit: $73,849
• Equity at exit: $49,458

10-year hold

• IRR: 60.5%
• Equity multiple: 12.90×
• Total profit: $182,992
• Equity at exit: $106,659

Cash invested: $15,372 (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 39209

• Home prices YoY: 7.7%
• Active inventory: 165
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,371 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$82 /mo · $989/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $690

Break-even live

Break-even rent $498

Max offer price $54,900

Occupancy floor 45%

Sensitivity live

Price	-10% $721	-5% $705	+0% $690	+5% $674	+10% $659
Rent	-10% $581	-5% $635	+0% $690	+5% $744	+10% $798
Rate	-1.0pp $717	-0.5pp $704	base $690	+0.5pp $675	+1.0pp $661

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5629 Queen Mary Ln Jackson, MS	3.0	2.0	1272	$1,395	$1.10	15d	1	0.21mi
5301 Queen Mary Ln Jackson, MS	4.0	2.0	1100	$1,338	$1.22	15d	1	0.34mi
127 Barbara Ave Jackson, MS	3.0	1.0	1584	$850	$0.54	22d	1	1.06mi

Listing history 26 events

1. 2026-06-18
   days on market $54,900 Active 131 DOM
2. 2026-06-17
   days on market $54,900 Active 130 DOM
3. 2026-06-16
   days on market $54,900 Active 129 DOM
4. 2026-06-15
   days on market $54,900 Active 128 DOM
5. 2026-06-14
   days on market $54,900 Active 126 DOM
6. 2026-06-13
   days on market $54,900 Active 125 DOM
7. 2026-06-10
   days on market $54,900 Active 123 DOM
8. 2026-06-09
   days on market $54,900 Active 122 DOM
9. 2026-06-08
   days on market $54,900 Active 121 DOM
10. 2026-06-07
    days on market $54,900 Active 120 DOM
11. 2026-06-05
    pricedays on market $54,900 Active 117 DOM
12. 2026-06-03
    days on market $59,900 Active 116 DOM
13. 2026-06-02
    days on market $59,900 Active 115 DOM
14. 2026-06-01
    days on market $59,900 Active 114 DOM
15. 2026-05-31
    days on market $59,900 Active 113 DOM
16. 2026-05-30
    days on market $59,900 Active 112 DOM
17. 2026-04-22
    status Active 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

18. 2026-03-06
    status Pending 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

19. 2026-02-24
    status Active 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

20. 2026-02-24
    price $59,900 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

21. 2025-10-17
    historical 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

22. 2025-09-24
    price $64,900 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

23. 2025-08-14
    listed $69,900 Active 336-char remark

    Show marketing remark (336 chars)

    Attention Investors! 4br/1.5ba that has a spacious floor plan. CASH ONLY. NO contingent offers accepted. NO showings, NO inspections, NO on site viewings. NO lease in place. Do not disturb the occupant. Seller does not represent or guarantee occupancy status. Buyer is responsible for obtaining possession of the property after closing.

24. 2022-02-08
    soldstatus
25. 1988-08-26
    soldstatus
26. 1985-04-16
    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: $989 · $82/mo
• Projected year-2 tax: $989 · $82/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 6/10 Major 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,447
• − Mortgage interest: −$3,075
• − Property taxes: −$989
• − Insurance: −$274
• − Repairs & maintenance: −$1,316
• − Management: −$1,316
• − Depreciation: −$1,597
• Taxable income: $7,880
• Est. tax owed @ 24.0%: −$1,891
• After-tax cash flow: $6,384/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): 25,776
• Household income: $36,344
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1627.0

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 (90%)
• Race & ethnicity: Black 90% White 7% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · 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: ▲ 22.28%
• Current HPI: 312.6754
• Rent YoY: —
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-14.3% since first listed

10 events — show timeline

• 2026-04-22 Relisted — MLSU
• 2026-03-06 Pending — MLSU
• 2026-02-24 Relisted — MLSU
• 2026-02-24 Price Changed $59,900 MLSU
• 2025-10-17 Listing Removed — MLSU
• 2025-09-24 Price Changed $64,900 MLSU
• 2025-08-14 Listed $69,900 MLSU
• 2022-02-08 Sold (Public Records) — Public Records
• 1988-08-26 Sold (Public Records) — Public Records
• 1985-04-16 Sold (Public Records) — Public Records

Property tax history

+1.1%/yr

Latest (2025): $989 · +1.6% YoY. Source: county tax records.