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2955 Greenview Dr
D Composite 43.05
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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • 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

$15,000

2955 Greenview Dr · Jackson, MS 39212
3 bd · 1.0 ba · 936 sqft · SingleFamily public records · 313 Days on market
Built 1962 9,147 sqft lot $16/sqft · 52% below area ↓ 12% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

as-is

Key facts

  • 9,147 sq ft lot
  • Parking
  • Built 1962

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $15k.

Deal economics

  • At list price, monthly cash flow is $836 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $15k).
  • Recommended offer: $13k (12.0% below list) — sets the bar for market timing.
  • Cap rate 73.2% 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: Rents rising fast (+4.2%/yr); 302 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $104 of loan paydown is wiped out by about $450 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.
  • At projected returns (-3.0% appreciation + 4.2% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 313 days — a 12% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 24y 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $13,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 313 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 1962 — 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. 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?
  7. 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.
  8. 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.
  9. 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
7.93%
Cap rate
73.21%
Cash-on-cash
238.98%
DSCR
11.63
GRM
1.1

CMA / ARV

ARV (median comp)
$31,505
List price
$15,000
Delta
-52.39%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
218 Hilliyard Ct 0.13mi 3/1.0 980 (+5%) 4mo $24,900 $25 83
2821 Greenview Dr 0.23mi 3/1.0 832 (-11%) 9mo $30,000 $36 63
2836 Woodbine St 0.32mi 3/2.0 1,012 (+8%) 11mo $33,500 $33 58
3008 Woodbine St 0.28mi 3/1.0 1,070 (+14%) 6mo $3,500 $3 58
2759 Brookwood Dr 0.65mi 3/1.0 980 (+5%) 5mo $74,000 $76 57
2647 Glenn St 0.49mi 3/1.0 1,050 (+12%) 2mo $14,500 $14 55
2920 Greenwood Ave 0.60mi 3/1.0 900 (-4%) 20mo $30,000 $33 49
2932 Greenwood Ave 0.60mi 2/1.0 (-1) 848 (-9%) 13mo $17,900 $21 41
3136 Monticello Dr 0.75mi 2/1.0 (-1) 880 (-6%) 14mo $19,250 $22 38
2515 Mulberry St 0.56mi 3/1.0 1,054 (+13%) 23mo $39,000 $37 34

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
Equity multiple
13.46×
Total profit
$52,352
Equity at exit
$2,237
10-year hold
IRR
Equity multiple
29.70×
Total profit
$120,531
Equity at exit
$1,297

Cash invested: $4,200 (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.

ZIP-level market 39212

Home prices YoY
-11.7%
Rents YoY
4.2%
Active inventory
302
Price-to-rent
1.1×

Monthly cashflow live

Estimated rent
$1,190 high interval (Pro) →
Mortgage (P&I)
$79
Tax est. 1.5%
$19 /mo · $225/yr
Insurance
$6
HOA
$0
Vacancy / Maint / Mgmt
$250
Net cashflow
$836

Break-even live

Break-even rent $131
Max offer price $15,000
Occupancy floor 25%

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
$3,750
Closing costs
$450
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
225 W McDowell Rd Jackson, MS 1.0–3.0 1.0–2.0 900 $1,200 $1.33 44d 18 0.30mi
2858 Fairhill Dr Jackson, MS 2.0 1.0 900 $825 $0.92 44d 1 0.47mi
2786 Brookwood Dr Jackson, MS 3.0 1.0 1003 $1,100 $1.10 44d 1 0.63mi
422 Cooper Rd Jackson, MS 3.0 1.0 1049 $1,426 $1.36 23d 1 0.95mi
2873 Teresa Dr Jackson, MS 3.0 1.0 1100 $1,100 $1.00 44d 1 1.07mi
346 Mason Blvd Jackson, MS 3.0 1.0 1048 $1,050 $1.00 23d 1 1.26mi
346 Mason Blvd Jackson, MS 3.0 1.0 1048 $1,050 $1.00 14d 1 1.26mi
3645 Lee Dr Jackson, MS 3.0 1.0 1105 $895 $0.81 23d 1 1.29mi
1513 Maria Dr Jackson, MS 3.0 2.0 1120 $1,200 $1.07 23d 1 1.43mi
1513 Maria Dr Jackson, MS 3.0 2.0 1120 $1,200 $1.07 14d 1 1.43mi
3875 Interstate 55 Jackson, MS 1.0–2.0 1.5 800 $1,100 $1.38 14d 1 1.47mi

Listing history 22 events

  1. 2026-06-16
    days on market $15,000 Active 313 DOM
  2. 2026-06-15
    days on market $15,000 Active 312 DOM
  3. 2026-06-14
    days on market $15,000 Active 310 DOM
  4. 2026-06-13
    days on market $15,000 Active 309 DOM
  5. 2026-06-10
    days on market $15,000 Active 307 DOM
  6. 2026-06-09
    days on market $15,000 Active 306 DOM
  7. 2026-06-08
    days on market $15,000 Active 305 DOM
  8. 2026-06-07
    days on market $15,000 Active 304 DOM
  9. 2026-06-05
    days on market $15,000 Active 301 DOM
  10. 2026-06-03
    days on market $15,000 Active 300 DOM
  11. 2026-06-02
    days on market $15,000 Active 299 DOM
  12. 2026-06-01
    days on market $15,000 Active 298 DOM
  13. 2026-05-31
    days on market $15,000 Active 297 DOM
  14. 2026-05-30
    days on market $15,000 Active 296 DOM
  15. 2025-09-04
    status Active 5-char remark
    Show marketing remark (5 chars)

    as-is

  16. 2025-08-28
    status Pending 5-char remark
    Show marketing remark (5 chars)

    as-is

  17. 2025-07-30
    listed $15,000 Active 5-char remark
    Show marketing remark (5 chars)

    as-is

  18. 2002-06-17
    soldstatus
  19. 2002-05-23
    soldstatus 151-char remark
    Show marketing remark (151 chars)

    Uninsured HUD home for sale, as is. Some structural damge as well as roof, plumbing, and foundation problems. Call your realtor to view or place a bid.

  20. 2002-03-29
    listed $17,000 151-char remark
    Show marketing remark (151 chars)

    Uninsured HUD home for sale, as is. Some structural damge as well as roof, plumbing, and foundation problems. Call your realtor to view or place a bid.

  21. 1996-08-22
    soldstatus
  22. 1979-08-21
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 19 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,280
− Mortgage interest
−$840
− Property taxes
−$225
− Insurance
−$75
− Repairs & maintenance
−$1,142
− Management
−$1,142
− Depreciation
−$436
Taxable income
$10,419
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,500
After-tax cash flow
$7,537/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

-11.8% since first listed
8 events — show timeline
  • 2025-09-04 Relisted MLSU
  • 2025-08-28 Pending MLSU
  • 2025-07-30 Listed $15,000 MLSU
  • 2002-06-17 Sold (Public Records) Public Records
  • 2002-05-23 Sold (MLS) MLSU
  • 2002-03-29 Listed $17,000 MLSU
  • 1996-08-22 Sold (Public Records) Public Records
  • 1979-08-21 Sold (Public Records) Public Records

Property tax history

+1.3%/yr

Latest (2025): $864 · +2.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…