7153 Copper Ridge Dr · Ridgeland, MS 39157

$187,900

3 bd · 4.0 ba · 1,350 sqft · SingleFamily public records · 45 Days on market

Built 1985 5,227 sqft lot $139/sqft · 7% below area Est $202k · 7% under $30/mo HOA · 2% of rent

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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 +19.9/30.0
• ARV discount +10.6/15.0
• DSCR +6.3/10.0
• Schools +4.8/10.0
• 1% rule +4.4/10.0
• Rent growth +3.9/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

FRESH INTERIOR PAINT, CARPETS CLEANED AND READY TO MOVE INTO!SPACIOUS 2 BEDROOM/2 BATH IN RIDGELAND - LARGE DEN W/ FIREPLACE AND LARGE MASTER BEDROOM AND BATH WITH GREAT WALK-IN CLOSET!

Key facts

• 5,227 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• HOA & community: Has association; Annual association fee of $360; Association fee covers grounds maintenance and pool service

Exterior

• Parking: Attached 2-car garage with garage door opener and direct access
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Electricity available; Sewer available
• Home design: Single family residence (house); One story; Move-in ready
• Construction: Brick, cedar, and Masonite construction; Composition/shingle roof; Slab foundation; Built in public-records year
• Exterior features: Front yard; Wood fencing; Pool (community)

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave; Oven
• Flooring: Carpet; Ceramic tile; Linoleum; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s)
• Interior features: Cathedral and vaulted ceilings; Eat-in kitchen; High ceilings; Soaking tub; Walk-in closet(s); Living room fireplace; Aluminum window frames; Window treatments; Has fireplace
• Laundry & utility: Gas water heater; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/4.0-bath single-family listed at $188k.

Deal economics

• At list price, monthly cash flow is $227 ($3k/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 $176k (6.4% below list).
• Recommended offer: $176k (6.4% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 2.8% in Ridgeland — 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 (#57 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Madison County School District (rural): math 54% / reading 54% proficiency, ranked #3 of 130 in MS (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Ann Smith Elementary (746 students, 100% FRL); Ridgeland High School (math 27% / reading 35%, grade F, #85 of 197 statewide, top 43%, 968 students, 100% FRL) — zoned schools average 100% FRL vs 29% district-wide (70 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 31% at this address vs 54% district-wide (-23 pts) — the specific schools serving this property underperform the Madison County School District average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+5.7%/yr); 132 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 553 units permitted in Madison County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($66k/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 $6k of value loss. Plan a longer hold.
• Madison County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $32k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,947 (6.4% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 0.94% ✗
• Cap rate: 7.74%
• Cash-on-cash: 5.17%
• DSCR: 1.23
• GRM: 8.9

CMA / ARV

• ARV (median comp): $201,760
• List price: $187,900
• Delta: -6.87%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7028 Copper Cv	0.04mi	3/2.0	1,350 (0%)	2mo	$140,000	$104	89
7022 Copper Cv	0.05mi	3/2.0	1,390 (+3%)	8mo	$178,000	$128	78
1013 Brashears Pt	0.09mi	3/2.0	1,384 (+2%)	8mo	$215,000	$155	77
1007 Elm's Cv	0.10mi	3/2.0	1,432 (+6%)	2mo	$229,000	$160	76
1013 Camdenmill Dr	0.19mi	3/2.0	1,475 (+9%)	10mo	$189,900	$129	60
1032 Craig Cir	0.12mi	3/2.0	1,423 (+5%)	23mo	$215,000	$151	58
646 Bryceland Blvd	0.42mi	3/2.0	1,500 (+11%)	2mo	$225,000	$150	52
1925 Lincolnshire Blvd	0.64mi	3/2.0	1,295 (-4%)	5mo	$197,000	$152	51
1016 Camdenmill Dr	0.15mi	2/2.0 (-1)	1,502 (+11%)	20mo	$235,000	$156	45
1928 Lincolnshire Blvd	0.61mi	3/2.0	1,272 (-6%)	16mo	$188,000	$148	40

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 · 5.65% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.79×
• Total profit: $-11,256
• Equity at exit: $28,017

10-year hold

• IRR: 6.7%
• Equity multiple: 1.56×
• Total profit: $29,419
• Equity at exit: $16,246

Cash invested: $52,612 (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 39157

• Home prices YoY: -22.8%
• Rents YoY: 5.7%
• Active inventory: 132
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,759 high
• Mortgage (P&I): −$985
• Tax from tax record: −$70 /mo · $836/yr
• Insurance: −$78
• HOA: −$30
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $227

Break-even live

Break-even rent $1,473

Max offer price $187,900

Occupancy floor 82%

Sensitivity live

Price	-10% $333	-5% $280	+0% $227	+5% $173	+10% $120
Rent	-10% $88	-5% $157	+0% $227	+5% $296	+10% $366
Rate	-1.0pp $321	-0.5pp $274	base $227	+0.5pp $178	+1.0pp $128

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: $46,975
• Closing costs: $5,637
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7028 Copper Cv Ridgeland, MS	3.0	2.0	1373	$1,700	$1.24	24d	1	0.05mi
2144 Lakeshore Dr Ridgeland, MS	1.0–3.0	1.0–2.0	950	$1,622	$1.71	14d	16	0.25mi
959 Lake Harbour Dr Ridgeland, MS	1.0–3.0	1.0–2.0	1138	$2,034	$1.79	14d	14	0.32mi
761 Rice Rd Ridgeland, MS	1.0–3.0	1.0–2.0	1135	$2,152	$1.90	14d	9	0.36mi
126 Breakers Ln Unit 126 Ridgeland, MS	3.0	2.5	1836	$2,800	$1.53	14d	1	0.58mi
715 Rice Rd Ridgeland, MS	1.0–2.0	1.0–2.0	975	$1,551	$1.59	14d	16	0.77mi
875 William Blvd Ridgeland, MS	1.0–2.0	1.0–2.0	712	$1,289	$1.81	14d	9	0.83mi
6811 Old Canton Rd Ridgeland, MS	2.0	2.0	1365	$1,495	$1.10	44d	1	0.87mi
879 William Blvd Ridgeland, MS	1.0–3.0	1.0–2.0	1117	$1,397	$1.25	14d	7	0.88mi
110 Pine Knoll Dr Ridgeland, MS	1.0–2.0	1.0	1000	$1,295	$1.29	44d	1	1.05mi
6675 Old Canton Rd Ridgeland, MS	2.0	2.0	905	$1,199	$1.32	21d	1	1.06mi
711 Lake Harbour Dr Ridgeland, MS	2.0	2.0	1100	$1,354	$1.23	14d	1	1.09mi
109 Pine Knoll Dr Ridgeland, MS	2.0	2.0	1050	$1,350	$1.29	14d	1	1.17mi
580 S Pear Orchard Rd Ridgeland, MS	1.0–3.0	1.0–2.0	950	$1,984	$2.09	14d	15	1.48mi

HOA detail

• Monthly dues: $30 · $360/yr

Listing history 23 events

1. 2026-06-18
   days on market $187,900 Active 45 DOM
2. 2026-06-17
   days on market $187,900 Active 44 DOM
3. 2026-06-16
   days on market $187,900 Active 43 DOM
4. 2026-06-15
   days on market $187,900 Active 42 DOM
5. 2026-06-14
   pricedays on market $187,900 Active 40 DOM
6. 2026-06-10
   days on market $190,000 Active 37 DOM
7. 2026-06-09
   days on market $190,000 Active 36 DOM
8. 2026-06-08
   days on market $190,000 Active 35 DOM
9. 2026-06-07
   days on market $190,000 Active 34 DOM
10. 2026-06-03
    days on market $190,000 Active 30 DOM
11. 2026-06-02
    days on market $190,000 Active 29 DOM
12. 2026-06-01
    days on market $190,000 Active 28 DOM
13. 2026-05-31
    days on market $190,000 Active 27 DOM
14. 2026-05-30
    days on market $190,000 Active 26 DOM
15. 2026-05-01
    listed $220,000 Active 422-char remark
16. 2005-06-01
    soldstatus
17. 2005-06-01
    soldstatus
18. 2005-05-12
    soldstatus 185-char remark

    Show marketing remark (185 chars)

    FRESH INTERIOR PAINT, CARPETS CLEANED AND READY TO MOVE INTO!SPACIOUS 2 BEDROOM/2 BATH IN RIDGELAND - LARGE DEN W/ FIREPLACE AND LARGE MASTER BEDROOM AND BATH WITH GREAT WALK-IN CLOSET!

19. 2005-02-13
    listed $115,000 185-char remark

    Show marketing remark (185 chars)

    FRESH INTERIOR PAINT, CARPETS CLEANED AND READY TO MOVE INTO!SPACIOUS 2 BEDROOM/2 BATH IN RIDGELAND - LARGE DEN W/ FIREPLACE AND LARGE MASTER BEDROOM AND BATH WITH GREAT WALK-IN CLOSET!

20. 1994-05-05
    soldstatus
21. 1992-07-30
    soldstatus
22. 1992-07-30
    soldstatus
23. 1987-03-02
    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: $836 · $70/mo
• Projected year-2 tax: $1,484 · $124/mo
• Expected delta: +$648/yr (+$54/mo · 77.5%)

ⓘ 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 8/10 Severe 7 d/yr ≥108°F today · 21 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: $21,114
• − Mortgage interest: −$10,525
• − Property taxes: −$836
• − Insurance: −$940
• − Repairs & maintenance: −$1,689
• − Management: −$1,689
• − HOA: −$360
• − Depreciation: −$5,466
• Taxable loss: −$392
• Est. tax savings @ 24.0%: +$94
• After-tax cash flow: $2,813/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: Madison County School District
• NCES district ID: 2802790
• Math proficiency: 54% ▼ -7.00%
• Reading proficiency: 54% ▼ -7.00%
• Median HH income: $70,579
• Composite: 48.08/100
• National rank: #2188
• State rank: #3 of 130 in MS

Livability — Ridgeland

• Score: 68/100
• State rank: #57
• US rank: #9276

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ridgeland, MS
• County: Madison County · 75,005 people
• City population: 24,562
• Metro: Jackson, MS
• Population (ZIP): 24,562
• Household income: $66,068
• Rent vs Own: 52.7% rent · 47.3% own
• Severe rent burden: 1370.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 122,509 people
• By 2030: 131,737 · +7.5%
• By 2040: 148,930 · +21.6%
• By 2050: 164,300 · +34.1%
• By 2075: 197,495 · +61.2%
• By 2100: 211,429 · +72.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Black 44% White 43% Hispanic / Latino 7% Two or more races 4% Asian 3%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 3% Lithuanian 3% Serbian 1%
• Foreign-born: 7% · Canada, China, Vietnam
• Languages at home: 90% English-only · Spanish 6% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Madison

• 2024 margin: R (+17.3) · D 40.8% · R 58.0% · Other 1.2%
• 2008→2024 swing: -1.7pp toward R · 2008: -15.6pp · 2024: -17.3pp
• All cycles: 2024: R+17.3 2020: R+11.8 2016: R+16.1 2012: R+15.7 2008: R+15.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.34%
• Current HPI: 153.1826
• Rent YoY: ▲ 5.65%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+63.4% since first listed

11 events — show timeline

• 2026-06-13 Price Changed $187,900 MLSU
• 2026-05-21 Price Changed $190,000 MLSU
• 2026-05-01 Listed $220,000 MLSU
• 2005-06-01 Sold (Public Records) — Public Records
• 2005-06-01 Sold (Public Records) — Public Records
• 2005-05-12 Sold (MLS) — MLSU
• 2005-02-13 Listed $115,000 MLSU
• 1994-05-05 Sold (Public Records) — Public Records
• 1992-07-30 Sold (Public Records) — Public Records
• 1992-07-30 Sold (Public Records) — Public Records
• 1987-03-02 Sold (Public Records) — Public Records

Property tax history

-1.8%/yr

Latest (2025): $836 · +0.0% YoY. Source: county tax records.