2952 Longwood Dr · Jackson, MS 39212

$94,900

3 bd · 2.0 ba · 1,420 sqft · SingleFamily public records · 145 Days on market

Built 1970 0.31 ac lot $67/sqft · 8% below area Est $104k · 9% under

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Why this score? — see what drove the B 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 +11.4/15.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

2952 Longwood Drive, Jackson, MS 39212 is a rare find priced to sell and full of potential. This very spacious, fully loaded 3-bedroom, 2-bath home offers the perfect opportunity for an investor looking for a profitable flip or a first-time homebuyer ready to add a little TLC and build equity. The home also features a cozy fireplace, double car garage and a covered patio, ideal for relaxing evenings, family gatherings, or weekend cookouts. With a solid layout, ample space, and endless possibilities, this property makes an excellent starter home for a growing family or a smart investment in an established Jackson neighborhood. Homes with this much space and opportunity at this price point don't last—schedule your showing today.

Key facts

• Covered patio
• Solid layout
• Cozy fireplace

Tags

• COZY FIREPLACE
• COVERED PATIO
• SOLID LAYOUT
• AMPLE SPACE
• ESTABLISHED NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $-57 ($-683/yr) — negative.
• To cash-flow at today's rent, offer at most $85k (10.6% below list).
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $84k (12.0% 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: Oak Forest Elementary School (math 2% / reading 12%, grade F, #337 of 375 statewide, top 94%, 318 students, 100% FRL); Cardozo Middle School (math 5% / reading 10%, grade F, #168 of 179 statewide, top 94%, 625 students, 100% FRL); Forest Hill High School (math 5% / reading 15%, grade F, #168 of 197 statewide, top 86%, 991 students, 100% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 302 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($51k/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 $656 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 145 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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.

Recommended offer $83,512 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.34% ✓
• Cap rate: 10.97%
• Cash-on-cash: 16.69%
• DSCR: 1.74
• GRM: 6.2

CMA / ARV

• ARV (median comp): $103,876
• List price: $94,900
• Delta: -8.64%
• 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
1423 Woody Dr	0.20mi	3/1.5	1,404 (-1%)	2mo	$24,900	$18	85
1636 Smallwood St	0.25mi	2/1.0 (-1)	1,432 (+1%)	1mo	$17,000	$12	77
3114 Suncrest Dr	0.38mi	4/2.0 (+1)	1,432 (+1%)	3mo	$64,900	$45	73
2971 Kentwood Dr	0.18mi	4/2.0 (+1)	1,532 (+8%)	3mo	$59,900	$39	71
1928 Teakwood Dr	0.46mi	3/2.0	1,299 (-8%)	3mo	$68,000	$52	62
404 Mcdowell Park Cir	0.58mi	3/1.5	1,358 (-4%)	4mo	$99,000	$73	61
983 Branch St	0.35mi	3/2.0	1,252 (-12%)	4mo	$60,000	$48	60
920 Woody Dr	0.71mi	3/2.0	1,468 (+3%)	2mo	$59,000	$40	60
1026 Branch St	0.36mi	3/2.0	1,236 (-13%)	3mo	$55,000	$44	59
1340 Woody Dr	0.28mi	3/1.0	1,208 (-15%)	1mo	$59,900	$50	57
2813 Marydale Dr	0.67mi	3/1.5	1,500 (+6%)	2mo	$34,999	$23	56
953 Woody Dr	0.66mi	4/2.0 (+1)	1,595 (+12%)	3mo	$5,900	$4	41

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 · 4.23% rent growth · sell at horizon

5-year hold

• IRR: -17.9%
• Equity multiple: 0.36×
• Total profit: $-17,138
• Equity at exit: $14,150

10-year hold

• IRR: -6.3%
• Equity multiple: 0.56×
• Total profit: $-11,790
• Equity at exit: $8,205

Cash invested: $26,572 (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 39212

• Home prices YoY: -11.7%
• Rents YoY: 4.2%
• Active inventory: 302
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,273 high
• Mortgage (P&I): −$498
• Tax from tax record: −$98 /mo · $1,182/yr
• Insurance: −$40
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $-57

Break-even live

Break-even rent $1,345

Max offer price $84,849

Occupancy floor 99%

Sensitivity live

Price	-10% $-3	-5% $-30	+0% $-57	+5% $-84	+10% $-111
Rent	-10% $-157	-5% $-107	+0% $-57	+5% $-7	+10% $44
Rate	-1.0pp $-9	-0.5pp $-33	base $-57	+0.5pp $-81	+1.0pp $-107

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2915 Longwood Dr Jackson, MS	3.0	2.0	1800	$1,400	$0.78	25d	1	0.16mi
2904 Marwood Dr Jackson, MS	3.0	2.0	1554	$1,250	$0.80	25d	1	0.24mi
2808 Ridgeland Dr Jackson, MS	3.0	2.0	1606	$1,600	$1.00	46d	1	0.26mi
3049 Lakewood Dr Jackson, MS	3.0	1.0	1200	$975	$0.81	46d	1	0.33mi
3020 Lakewood Dr Jackson, MS	4.0	2.0	1600	$1,150	$0.72	25d	1	0.34mi
1219 Woody Dr Jackson, MS	3.0	1.0	1058	$1,150	$1.09	25d	1	0.37mi
3030 Oak Forest Dr Jackson, MS	3.0	1.5	1200	$1,100	$0.92	46d	1	0.49mi
3030 Oak Forest Dr Jackson, MS	3.0	2.0	1200	$1,100	$0.92	16d	1	0.49mi
3308 Ramona St Jackson, MS	3.0	1.0	1104	$1,150	$1.04	23d	1	0.49mi
427 McDowell Park Cir Jackson, MS	3.0	1.5	1308	$1,200	$0.92	16d	1	0.52mi
3122 Oak Forest Dr Jackson, MS	3.0	2.0	1421	$1,100	$0.77	46d	1	0.54mi
3162 Oak Forest Dr Jackson, MS	3.0	1.5	1280	$1,236	$0.97	46d	1	0.57mi
1010 Deryll St Jackson, MS	3.0	2.0	1143	$1,050	$0.92	16d	1	0.59mi
1018 Deryll St Jackson, MS	3.0	1.0	1056	$900	$0.85	25d	1	0.60mi
1054 Deryll St Jackson, MS	3.0	1.5	1132	$1,050	$0.93	16d	1	0.64mi
3151 Shirley Dr Jackson, MS	4.0	2.0	1474	$1,306	$0.89	16d	1	0.69mi
3341 Suncrest Dr Jackson, MS	4.0	1.0	1292	$1,225	$0.95	46d	1	0.69mi
2873 Teresa Dr Jackson, MS	3.0	1.0	1100	$1,100	$1.00	46d	1	0.75mi
1223 Marydale Dr Jackson, MS	3.0	1.0	1300	$950	$0.73	46d	1	0.75mi
2732 Woodside Dr Jackson, MS	4.0	2.0	1566	$1,050	$0.67	25d	1	0.79mi
1513 Maria Dr Jackson, MS	3.0	2.0	1120	$1,200	$1.07	16d	1	0.83mi
1513 Maria Dr Jackson, MS	3.0	2.0	1120	$1,200	$1.07	25d	1	0.83mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	25d	1	0.84mi
2694 Woodside Dr Jackson, MS	3.0	1.0	1509	$1,075	$0.71	16d	1	0.84mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	46d	1	0.90mi
1126 Barbara Ann Dr Jackson, MS	3.0	1.0	1343	$1,000	$0.74	16d	1	0.90mi
2729 Carleton St Jackson, MS	4.0	2.0	1666	$1,575	$0.95	16d	1	0.90mi
3147 Bilgray Dr Jackson, MS	3.0	2.0	1850	$1,306	$0.71	46d	1	1.04mi
3152 Bilgray Dr Jackson, MS	3.0	1.5	1200	$1,100	$0.92	16d	1	1.08mi
1533 Raymond Rd Jackson, MS	2.0	1.0	1135	$1,010	$0.89	46d	1	1.14mi
2786 Brookwood Dr Jackson, MS	3.0	1.0	1003	$1,100	$1.10	46d	1	1.19mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	16d	1	1.23mi
2242 Castle Hill Dr Jackson, MS	4.0	2.0	1500	$1,475	$0.98	25d	1	1.23mi
3511 Sykes Park Dr Jackson, MS	3.0	2.0	1225	$1,426	$1.16	16d	1	1.23mi
5136 Lurline Dr Unit Ma Jackson, MS	3.0	1.5	1134	$1,100	$0.97	16d	1	1.27mi
103 Sykes Park Cir Jackson, MS	3.0	2.0	1500	$1,250	$0.83	46d	1	1.28mi
422 Cooper Rd Jackson, MS	3.0	1.0	1049	$1,426	$1.36	25d	1	1.34mi
1805 Hospital Dr Jackson, MS	3.0	2.0	1335	$1,050	$0.79	16d	1	1.37mi
2858 Fairhill Dr Jackson, MS	2.0	1.0	900	$825	$0.92	46d	1	1.38mi
360 Cooper Rd Jackson, MS	4.0	2.0	1624	$1,575	$0.97	16d	1	1.40mi

Listing history 32 events

1. 2026-06-23
   days on market $94,900 Active 145 DOM
2. 2026-06-22
   days on market $94,900 Active 144 DOM
3. 2026-06-18
   days on market $94,900 Active 141 DOM
4. 2026-06-17
   days on market $94,900 Active 140 DOM
5. 2026-06-16
   days on market $94,900 Active 139 DOM
6. 2026-06-15
   days on market $94,900 Active 138 DOM
7. 2026-06-14
   days on market $94,900 Active 136 DOM
8. 2026-06-13
   days on market $94,900 Active 135 DOM
9. 2026-06-10
   days on market $94,900 Active 133 DOM
10. 2026-06-09
    days on market $94,900 Active 132 DOM
11. 2026-06-08
    days on market $94,900 Active 131 DOM
12. 2026-06-07
    days on market $94,900 Active 130 DOM
13. 2026-06-05
    status $94,900 Active 127 DOM
14. 2026-05-31
    status $94,900 Pending 127 DOM
15. 2026-05-30
    days on market $94,900 Active 127 DOM
16. 2026-02-19
    price $94,900 742-char remark

    Show marketing remark (742 chars)

    2952 Longwood Drive, Jackson, MS 39212 is a rare find priced to sell and full of potential. This very spacious, fully loaded 3-bedroom, 2-bath home offers the perfect opportunity for an investor looking for a profitable flip or a first-time homebuyer ready to add a little TLC and build equity. The home also features a cozy fireplace, double car garage and a covered patio, ideal for relaxing evenings, family gatherings, or weekend cookouts. With a solid layout, ample space, and endless possibilities, this property makes an excellent starter home for a growing family or a smart investment in an established Jackson neighborhood. Homes with this much space and opportunity at this price point don't last—schedule your showing today.

17. 2026-01-19
    listed $105,000 Active 742-char remark

    Show marketing remark (742 chars)

    2952 Longwood Drive, Jackson, MS 39212 is a rare find priced to sell and full of potential. This very spacious, fully loaded 3-bedroom, 2-bath home offers the perfect opportunity for an investor looking for a profitable flip or a first-time homebuyer ready to add a little TLC and build equity. The home also features a cozy fireplace, double car garage and a covered patio, ideal for relaxing evenings, family gatherings, or weekend cookouts. With a solid layout, ample space, and endless possibilities, this property makes an excellent starter home for a growing family or a smart investment in an established Jackson neighborhood. Homes with this much space and opportunity at this price point don't last—schedule your showing today.

18. 2023-10-01
    historical
19. 2023-08-02
    status Active
20. 2023-08-01
    historical
21. 2023-06-21
    status Active
22. 2023-04-28
    status Pending
23. 2023-04-12
    price $90,000
24. 2023-04-12
    status Active
25. 2023-02-09
    status Pending
26. 2023-02-02
    price $79,000
27. 2023-02-02
    price $85,000
28. 2023-01-20
    listed $90,000 Active
29. 2001-12-31
    soldstatus
30. 1998-07-28
    soldstatus
31. 1993-07-01
    soldstatus
32. 1971-09-30
    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: $1,182 · $98/mo
• Projected year-2 tax: $1,182 · $98/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 4/10 Moderate FEMA zone AE · 23% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,271
• − Mortgage interest: −$5,316
• − Property taxes: −$1,182
• − Insurance: −$5,593
• − Repairs & maintenance: −$1,222
• − Management: −$1,222
• − Depreciation: −$2,761
• Taxable loss: −$2,024
• Est. tax savings @ 24.0%: +$486
• After-tax cash flow: $-197/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): 25,659
• Household income: $50,722
• Rent vs Own: 37.8% rent · 62.2% own
• Severe rent burden: 1314.0

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 (86%)
• Race & ethnicity: Black 86% White 9% Hispanic / Latino 3% Two or more races 3%
• Common ancestry: Serbian 1% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% 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: ▼ -23.01%
• Current HPI: 174.4025
• Rent YoY: ▲ 4.23%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+5.4% since first listed

17 events — show timeline

• 2026-02-19 Price Changed $94,900 MLSU
• 2026-01-19 Listed $105,000 MLSU
• 2023-10-01 Listing Removed — MLSU
• 2023-08-02 Relisted — MLSU
• 2023-08-01 Listing Removed — MLSU
• 2023-06-21 Relisted — MLSU
• 2023-04-28 Pending — MLSU
• 2023-04-12 Price Changed $90,000 MLSU
• 2023-04-12 Relisted — MLSU
• 2023-02-09 Pending — MLSU
• 2023-02-02 Price Changed $79,000 MLSU
• 2023-02-02 Price Changed $85,000 MLSU
• 2023-01-20 Listed $90,000 MLSU
• 2001-12-31 Sold (Public Records) — Public Records
• 1998-07-28 Sold (Public Records) — Public Records
• 1993-07-01 Sold (Public Records) — Public Records
• 1971-09-30 Sold (Public Records) — Public Records

Property tax history

+1.5%/yr

Latest (2025): $1,182 · +4.0% YoY. Source: county tax records.