219 S Live Oak St · McComb, MS 39648

$59,500

3 bd · 2.0 ba · 1,421 sqft · SingleFamily public records · 128 Days on market

Built 1954 6,969 sqft lot $42/sqft · 14% above area Est $57k · 5% over ↓ 21% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +5.2/15.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investment Opportunity: Duplex with two income-producing units, both currently tenant-occupied. The downstairs unit offers 2 bedrooms, 1 bath, a comfortable den, and kitchen, generating $475/month in rent. The upstairs unit features 1 bedroom, 1 bath, a den, and kitchen, with $500/month in monthly rent. The property offers approximately 1,536 square feet of living space in total. Conveniently located near shopping, restaurants, and medical facilities, making it attractive to long-term tenants. A great opportunity for investors seeking steady rental income.

Key facts

• Kitchen
• Comfortable den
• Duplex

Tags

• DUPLEX
• INCOME-PRODUCING UNITS
• TENANT-OCCUPIED
• COMFORTABLE DEN
• KITCHEN
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $526 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $52k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.9% vs local median 6.5% in McComb — 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 69/100 on livability (#50 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: schools D-, amenities F, commute F.
• Mccomb School District (town): math 15% / reading 16% proficiency, ranked #106 of 130 in MS (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 93% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 190 active listings in the ZIP; 10 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $411 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pike County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,360 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 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 1954 — 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 D-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: 2.02% ✓
• Cap rate: 16.90%
• Cash-on-cash: 37.88%
• DSCR: 2.69
• GRM: 4.1

CMA / ARV

• ARV (median comp): $56,614
• List price: $59,500
• Delta: 5.10%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
929 Avenue D	0.10mi	3/1.0	1,452 (+2%)	19mo	$25,000	$17	72
1033 Pearl River Ave	0.42mi	3/2.0	1,440 (+1%)	11mo	$110,000	$76	69
706 Pearl River Ave	0.22mi	2/1.5 (-1)	1,350 (-5%)	9mo	$65,900	$49	67
1019 Pearl River Avenue Ext	0.34mi	3/1.0	1,218 (-14%)	3mo	$35,000	$29	54

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 33.9%
• Equity multiple: 2.43×
• Total profit: $23,875
• Equity at exit: $8,872

10-year hold

• IRR: 40.8%
• Equity multiple: 4.84×
• Total profit: $64,017
• Equity at exit: $5,144

Cash invested: $16,660 (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 39648

• Active inventory: 190
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,200 medium
• Mortgage (P&I): −$312
• Tax from tax record: −$86 /mo · $1,029/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $526

Break-even live

Break-even rent $535

Max offer price $59,500

Occupancy floor 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: $14,875
• Closing costs: $1,785
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $59,500 Active 128 DOM
2. 2026-06-17
   days on market $59,500 Active 127 DOM
3. 2026-06-16
   days on market $59,500 Active 126 DOM
4. 2026-06-15
   days on market $59,500 Active 125 DOM
5. 2026-06-13
   days on market $59,500 Active 123 DOM
6. 2026-06-12
   days on market $59,500 Active 122 DOM
7. 2026-06-09
   days on market $59,500 Active 119 DOM
8. 2026-06-08
   days on market $59,500 Active 118 DOM
9. 2026-06-07
   days on market $59,500 Active 117 DOM
10. 2026-06-07
    days on market $59,500 Active 116 DOM
11. 2026-06-04
    days on market $59,500 Active 113 DOM
12. 2026-06-02
    days on market $59,500 Active 112 DOM
13. 2026-06-01
    days on market $59,500 Active 111 DOM
14. 2026-05-31
    days on market $59,500 Active 110 DOM
15. 2026-02-10
    listed $59,500 Active 562-char remark

    Show marketing remark (562 chars)

    Investment Opportunity: Duplex with two income-producing units, both currently tenant-occupied. The downstairs unit offers 2 bedrooms, 1 bath, a comfortable den, and kitchen, generating $475/month in rent. The upstairs unit features 1 bedroom, 1 bath, a den, and kitchen, with $500/month in monthly rent. The property offers approximately 1,536 square feet of living space in total. Conveniently located near shopping, restaurants, and medical facilities, making it attractive to long-term tenants. A great opportunity for investors seeking steady rental income.

16. 2025-10-22
    historical
17. 2025-09-01
    price $69,900
18. 2025-04-26
    listed $75,000 Active

ⓘ 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: $1,029 · $86/mo
• Projected year-2 tax: $1,029 · $86/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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% 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: $14,406
• − Mortgage interest: −$3,333
• − Property taxes: −$1,029
• − Insurance: −$298
• − Repairs & maintenance: −$1,152
• − Management: −$1,152
• − Depreciation: −$1,731
• Taxable income: $5,711
• Est. tax owed @ 24.0%: −$1,371
• After-tax cash flow: $4,940/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: Mccomb School District
• NCES district ID: 2802880
• Math proficiency: 15% ▼ -20.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $29,855
• Composite: 12.26/100
• National rank: #9645
• State rank: #106 of 130 in MS

Livability — McComb

• Score: 69/100
• State rank: #50
• US rank: #8347

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McComb, MS
• Population (ZIP): 19,767

Population outlook (Pike County) Hauer SSP2

• Today (2025): 38,766 people
• By 2030: 37,874 · -2.3%
• By 2040: 35,743 · -7.8%
• By 2050: 33,276 · -14.2%
• By 2075: 26,799 · -30.9%
• By 2100: 18,562 · -52.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (64%)
• Race & ethnicity: Black 64% White 32% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Pike

• 2024 margin: Toss-up / Even · D 47.8% · R 51.3%
• 2008→2024 swing: -7.0pp toward R · 2008: 3.5pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+1.0 2016: R+0.7 2012: D+7.6 2008: D+3.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.61%
• Current HPI: 92.2495
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-20.7% since first listed

4 events — show timeline

• 2026-02-10 Listed $59,500 MLSU
• 2025-10-22 Listing Removed — MLSU
• 2025-09-01 Price Changed $69,900 MLSU
• 2025-04-26 Listed $75,000 MLSU

Property tax history

+2.8%/yr

Latest (2025): $1,029 · +18.3% YoY. Source: county tax records.