3139 Bridgeport Ln · Madison, MS 39110

$274,900

3 bd · 4.0 ba · 1,402 sqft · SingleFamily public records · 5 Days on market

Built 1984 5,662 sqft lot $196/sqft · at area comps Est $260k · 6% over $5/mo HOA

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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 +15.9/30.0
• DSCR +4.9/10.0
• ARV discount +4.9/15.0
• Schools +4.8/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this cozy and well-maintained 3-bedroom, 2-bathroom home nestled in the Tidewater Neighborhood. With 1,300 square feet of comfortable living space, this home offers a warm and inviting atmosphere and is ready to welcome its next owner. Step inside to find a functional layout with great natural light, a spacious living area, and an updated kitchen. The primary suite includes its own private bath, while two additional bedrooms offer flexibility for children, guests or home office, Outside, enjoy a manageable yard with room to relax, garden, or entertain. Conveniently located near local schools, shopping and the Reservoir. Don't miss your chance to own this gem in Tidewater!

Key facts

• 5,662 sq ft lot
• 2 parking spots
• Built 1984

Property features AI

Finance

• HOA & community: Homeowners association with $60 annual fee

Exterior

• Parking: 2 covered carport spaces; Concrete parking surface
• Utilities: Public water; Public sewer; Cable connected; Natural gas connected
• Home design: Single-family residence (house); One level
• Construction: Brick construction; Architectural shingle roof; Conventional foundation; Built (year source: assessor)
• Exterior features: Deck; Fire pit; Private entrance; Private yard; Other exterior features

Interior

• Kitchen: Other appliances
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Fireplace heating; Central air; Ceiling fans
• Interior features: Double vanity; Has fireplace (den)

What this means for you Summary

Snapshot

• This is a 3-bed/4.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $129 ($2k/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 $223k (18.8% below list).
• Recommended offer: $223k (18.8% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 3.8% in Madison — 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 81/100 on livability (#4 in MS, #1,556 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities D-, commute 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: Madison Avenue Lower Elementary (437 students, 99% FRL); Madison Middle School (math 66% / reading 57%, grade B+, #6 of 179 statewide, top 3%, 1,154 students, 100% FRL) — zoned schools average 100% FRL vs 29% district-wide (70 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.6%/yr); 634 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 553 units permitted in Madison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 25y ago 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

• Climate carrying-cost: 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 $223,277 (18.8% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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?
5. 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.
6. 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.
7. 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: 0.81% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.02%
• DSCR: 1.09
• GRM: 10.3

CMA / ARV

• ARV (median comp): $259,654
• List price: $274,900
• Delta: 5.87%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1001 Bridgeport Dr	0.08mi	3/2.0	1,379 (-2%)	8mo	$249,900	$181	79
1027 Woodbridge Dr	0.14mi	3/2.0	1,364 (-3%)	8mo	$285,000	$209	74
1028 Bridgeport Dr	0.12mi	3/2.0	1,462 (+4%)	11mo	$269,900	$185	71

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 · 2.61% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.52×
• Total profit: $-37,310
• Equity at exit: $40,988

10-year hold

• IRR: -5.3%
• Equity multiple: 0.66×
• Total profit: $-25,960
• Equity at exit: $23,768

Cash invested: $76,972 (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 39110

• Home prices YoY: -28.3%
• Rents YoY: 2.6%
• Active inventory: 634
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,233 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$73 /mo · $881/yr
• Insurance: −$115
• HOA: −$5
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $129

Break-even live

Break-even rent $2,069

Max offer price $274,900

Occupancy floor 89%

Sensitivity live

Price	-10% $285	-5% $207	+0% $129	+5% $52	+10% $-26
Rent	-10% $-47	-5% $41	+0% $129	+5% $218	+10% $306
Rate	-1.0pp $268	-0.5pp $199	base $129	+0.5pp $58	+1.0pp $-14

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
761 Rice Rd Ridgeland, MS	1.0–3.0	1.0–2.0	1135	$2,152	$1.90	15d	9	0.80mi
715 Rice Rd Ridgeland, MS	1.0–2.0	1.0–2.0	975	$1,551	$1.59	15d	16	0.86mi
126 Breakers Ln Unit 126 Ridgeland, MS	3.0	2.5	1836	$2,800	$1.53	15d	1	0.96mi
7028 Copper Cv Ridgeland, MS	3.0	2.0	1373	$1,700	$1.24	25d	1	0.99mi
2144 Lakeshore Dr Ridgeland, MS	1.0–3.0	1.0–2.0	950	$1,622	$1.71	15d	16	1.04mi
959 Lake Harbour Dr Ridgeland, MS	1.0–3.0	1.0–2.0	1138	$2,034	$1.79	15d	14	1.22mi

HOA detail

• Monthly dues: $5 · $60/yr
• Likely covers: water

Listing history 25 events

1. 2026-05-04
   status Pending 1081-char remark
2. 2026-04-29
   listed $274,900 Active 1081-char remark
3. 2025-05-19
   soldstatus
4. 2025-05-09
   soldstatus Closed 701-char remark

   Show marketing remark (701 chars)

   Welcome to this cozy and well-maintained 3-bedroom, 2-bathroom home nestled in the Tidewater Neighborhood. With 1,300 square feet of comfortable living space, this home offers a warm and inviting atmosphere and is ready to welcome its next owner. Step inside to find a functional layout with great natural light, a spacious living area, and an updated kitchen. The primary suite includes its own private bath, while two additional bedrooms offer flexibility for children, guests or home office, Outside, enjoy a manageable yard with room to relax, garden, or entertain. Conveniently located near local schools, shopping and the Reservoir. Don't miss your chance to own this gem in Tidewater!

5. 2025-04-25
   status Pending 701-char remark

   Show marketing remark (701 chars)

   Welcome to this cozy and well-maintained 3-bedroom, 2-bathroom home nestled in the Tidewater Neighborhood. With 1,300 square feet of comfortable living space, this home offers a warm and inviting atmosphere and is ready to welcome its next owner. Step inside to find a functional layout with great natural light, a spacious living area, and an updated kitchen. The primary suite includes its own private bath, while two additional bedrooms offer flexibility for children, guests or home office, Outside, enjoy a manageable yard with room to relax, garden, or entertain. Conveniently located near local schools, shopping and the Reservoir. Don't miss your chance to own this gem in Tidewater!

6. 2025-04-23
   listed $249,999 Active 701-char remark

   Show marketing remark (701 chars)

   Welcome to this cozy and well-maintained 3-bedroom, 2-bathroom home nestled in the Tidewater Neighborhood. With 1,300 square feet of comfortable living space, this home offers a warm and inviting atmosphere and is ready to welcome its next owner. Step inside to find a functional layout with great natural light, a spacious living area, and an updated kitchen. The primary suite includes its own private bath, while two additional bedrooms offer flexibility for children, guests or home office, Outside, enjoy a manageable yard with room to relax, garden, or entertain. Conveniently located near local schools, shopping and the Reservoir. Don't miss your chance to own this gem in Tidewater!

7. 2023-07-14
   soldstatus
8. 2023-07-12
   soldstatus Closed

   Show marketing remark (643 chars)

   WOW!! This one is truly a rare find! This 3 bedroom/2 bath home was completely remodeled 3 years ago and is a hidden gem right in the heart of Madison in the Tidewater subdivision. From the curb appeal to the interior styling, this one has it all! Luxury vinyl wood flooring throughout the entire home, quartz counters in the kitchen and both bathrooms, stainless steel appliances, updated light fixtures and hardware, high ceilings in the living room and master suite, dedicated laundry room, the list goes on! The backyard is a nice size and fully fenced with a large deck overlooking it all. Come see this unicorn today before it's sold!

9. 2023-06-13
   status Pending

   Show marketing remark (643 chars)

   WOW!! This one is truly a rare find! This 3 bedroom/2 bath home was completely remodeled 3 years ago and is a hidden gem right in the heart of Madison in the Tidewater subdivision. From the curb appeal to the interior styling, this one has it all! Luxury vinyl wood flooring throughout the entire home, quartz counters in the kitchen and both bathrooms, stainless steel appliances, updated light fixtures and hardware, high ceilings in the living room and master suite, dedicated laundry room, the list goes on! The backyard is a nice size and fully fenced with a large deck overlooking it all. Come see this unicorn today before it's sold!

10. 2023-06-11
    listed $215,000 Active

    Show marketing remark (643 chars)

    WOW!! This one is truly a rare find! This 3 bedroom/2 bath home was completely remodeled 3 years ago and is a hidden gem right in the heart of Madison in the Tidewater subdivision. From the curb appeal to the interior styling, this one has it all! Luxury vinyl wood flooring throughout the entire home, quartz counters in the kitchen and both bathrooms, stainless steel appliances, updated light fixtures and hardware, high ceilings in the living room and master suite, dedicated laundry room, the list goes on! The backyard is a nice size and fully fenced with a large deck overlooking it all. Come see this unicorn today before it's sold!

11. 2021-10-08
    historical
12. 2012-07-12
    soldstatus
13. 2012-07-06
    soldstatus
14. 2012-01-23
    listed $154,900
15. 2011-09-28
    listed $164,900
16. 2009-01-27
    soldstatus
17. 2008-11-21
    listed $143,000
18. 2006-04-06
    soldstatus
19. 2006-03-31
    soldstatus
20. 2006-02-23
    listed $134,900
21. 2001-09-07
    soldstatus
22. 2001-08-31
    soldstatus
23. 2001-06-05
    listed $99,500
24. 1990-12-07
    soldstatus
25. 1985-06-24
    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: $881 · $73/mo
• Projected year-2 tax: $2,172 · $181/mo
• Expected delta: +$1,291/yr (+$108/mo · 146.6%)

ⓘ 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 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,793
• − Mortgage interest: −$15,399
• − Property taxes: −$881
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,143
• − Management: −$2,143
• − HOA: −$60
• − Depreciation: −$7,997
• Taxable loss: −$3,205
• Est. tax savings @ 24.0%: +$769
• After-tax cash flow: $2,321/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 — Madison

• Score: 81/100
• State rank: #4
• US rank: #1556

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, MS
• County: Madison County · 75,005 people
• City population: 50,443
• Metro: Jackson, MS
• Population (ZIP): 50,443
• Household income: $125,506
• Rent vs Own: 9.1% rent · 90.9% own
• Severe rent burden: 227.0

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: Predominantly White (76%)
• Race & ethnicity: White 76% Black 15% Asian 4% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Italian 6% Slovak 3% Lithuanian 3%
• Foreign-born: 5% · China, Canada
• Languages at home: 92% English-only · Spanish 2% Other Indo-European 2% 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: ▼ -60.99%
• Current HPI: 154.6909
• Rent YoY: ▲ 2.61%
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+176.3% since first listed

25 events — show timeline

• 2026-05-04 Pending — MLSU
• 2026-04-29 Listed $274,900 MLSU
• 2025-05-19 Sold (Public Records) — Public Records
• 2025-05-09 Sold (MLS) — MLSU
• 2025-04-25 Pending — MLSU
• 2025-04-23 Listed $249,999 MLSU
• 2023-07-14 Sold (Public Records) — Public Records
• 2023-07-12 Sold (MLS) — MLSU
• 2023-06-13 Pending — MLSU
• 2023-06-11 Listed $215,000 MLSU
• 2021-10-08 Listing Removed — MLSU
• 2012-07-12 Sold (Public Records) — Public Records
• 2012-07-06 Sold (MLS) — MLSU
• 2012-01-23 Listed $154,900 MLSU
• 2011-09-28 Listed $164,900 MLSU
• 2009-01-27 Sold (MLS) — MLSU
• 2008-11-21 Listed $143,000 MLSU
• 2006-04-06 Sold (Public Records) — Public Records
• 2006-03-31 Sold (MLS) — MLSU
• 2006-02-23 Listed $134,900 MLSU
• 2001-09-07 Sold (Public Records) — Public Records
• 2001-08-31 Sold (MLS) — MLSU
• 2001-06-05 Listed $99,500 MLSU
• 1990-12-07 Sold (Public Records) — Public Records
• 1985-06-24 Sold (Public Records) — Public Records

Property tax history

-2.1%/yr

Latest (2025): $881 · +0.0% YoY. Source: county tax records.