706 Anderson Ave · Purvis, MS 39475

$143,000

3 bd · 1.5 ba · 1,312 sqft · SingleFamily public records · 210 Days on market

Built 1964 0.30 ac lot $109/sqft · 16% below area Est $181k · 21% under ↓ 15% 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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 1% rule +4.1/10.0
• Schools +4.1/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

**MOTIVATED SELLER*** PURVIS SCHOOL DISTRICT Convenience & Updates! New Competitive Pricing Great Starter home OR Potential Investment for Rental! This charming 1,400 sq. ft. residential property, located at 706 Anderson Avenue in Purvis, MS, has recently been updated with competitive new pricing of $158,900. Key Property Features: Modern Interior: The home features beautiful granite countertops and wood-grain ceramic tile flooring throughout the living spaces. Layout: It includes 3 bedrooms and 1 full bath, with a partially completed second bathroom in the master suite, allowing the new owner to easily finish a full primary suite. Move-In Ready: The roof is only six years old, and all recent renovations are brand new, providing immediate peace of mind for buyers. Outdoor Space: Situated on 0.30 acres of 16th Section Leasehold land, the property offers a large backyard on a quiet dead-end street. Location Highlights: Education: Located in the highly rated Purvis School District and within walking distance of the brand-new Purvis High School, which is currently under construction. Convenience: The home offers a quiet, small-town atmosphere while remaining just minutes from local stores and a short drive from the amenities of Hattiesburg. Nestled in a quaint older neighborhood on a quiet dead-end street, this charming Purvis home blends rustic craftsmanship with modern comfort. It's location is exceptionally convenient--just minutes from schools, stores, and everyday necessities, and situated in the highly sought-after Purvis School District. The brand-new Purvis High School has just recently just started construction within walking distance, adding even more appeal to the area. Inside, the home features numerous contemporary updates, including beautiful granite countertops and ceramic tile flooring with a warm wood-grain look that extends throughout the living spaces. With 3 bedrooms and 1 full bath, the home also offers a partially completed second bath within the master suite, giving the next owner the opportunity to easily finish out a true primary bathroom. Situated on 16th Section land, this Leasehold property offers a spacious backyard ideal for hosting gatherings or giving kids room to play. The roof is only six years old, and all recent renovations are new, offering peace of mind and move-in readiness. Close enough to Hattiesburg for convenience yet far enough to enjoy small-town charm, this home perfectly balances comfort, character, and location. * New AC Unit* New Windows Throughout*Granite Countertops* Ceramic Tile

Key facts

• Modern comfort
• Contemporary updates
• Rustic craftsmanship

Tags

• RUSTIC CRAFTSMANSHIP
• MODERN COMFORT
• CONVENIENT LOCATION
• WALKING DISTANCE TO SCHOOL
• CONTEMPORARY UPDATES
• GRANITE COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $143k.

Deal economics

• At list price, monthly cash flow is $135 ($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 $130k (9.1% below list).
• Recommended offer: $126k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 74/100 on livability (#14 in MS, #4,557 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Lamar County School District (rural): math 48% / reading 46% proficiency, ranked #18 of 130 in MS (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 107 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 45 units permitted in Lamar County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $989 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lamar County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 210 days — a 12% lower offer ($126k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $125,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 210 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 1964 — 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. 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: 0.91% ✗
• Cap rate: 7.43%
• Cash-on-cash: 4.05%
• DSCR: 1.18
• GRM: 9.2

CMA / ARV

• ARV (median comp): $181,015
• List price: $143,000
• Delta: -21.00%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
212 7th St	0.29mi	3/2.0	1,452 (+11%)	17mo	$179,000	$123	53

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: -10.0%
• Equity multiple: 0.64×
• Total profit: $-14,606
• Equity at exit: $21,322

10-year hold

• IRR: -0.7%
• Equity multiple: 0.96×
• Total profit: $-1,798
• Equity at exit: $12,364

Cash invested: $40,040 (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 39475

• Home prices YoY: -31.4%
• Active inventory: 107
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,300 medium
• Mortgage (P&I): −$750
• Tax from tax record: −$82 /mo · $989/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $135

Break-even live

Break-even rent $1,129

Max offer price $143,000

Occupancy floor 85%

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
303 Simon St Purvis, MS	3.0	1.0	1200	$1,300	$1.08	20d	1	0.49mi

Listing history 21 events

1. 2026-06-19
   days on market $143,000 Active 210 DOM
2. 2026-06-18
   days on market $143,000 Active 209 DOM
3. 2026-06-17
   days on market $143,000 Active 208 DOM
4. 2026-06-16
   days on market $143,000 Active 207 DOM
5. 2026-06-15
   days on market $143,000 Active 206 DOM
6. 2026-06-14
   days on market $143,000 Active 204 DOM
7. 2026-06-13
   days on market $143,000 Active 203 DOM
8. 2026-06-10
   days on market $143,000 Active 201 DOM
9. 2026-06-09
   days on market $143,000 Active 200 DOM
10. 2026-06-08
    days on market $143,000 Active 199 DOM
11. 2026-06-07
    days on market $143,000 Active 198 DOM
12. 2026-06-05
    days on market $143,000 Active 195 DOM
13. 2026-06-02
    days on market $143,000 Active 193 DOM
14. 2026-06-01
    days on market $143,000 Active 192 DOM
15. 2026-05-31
    days on market $143,000 Active 191 DOM
16. 2026-05-30
    days on market $143,000 Active 190 DOM
17. 2026-05-14
    price $143,000 2592-char remark

    Show marketing remark (2592 chars)

    **MOTIVATED SELLER*** PURVIS SCHOOL DISTRICT Convenience & Updates! New Competitive Pricing Great Starter home OR Potential Investment for Rental! This charming 1,400 sq. ft. residential property, located at 706 Anderson Avenue in Purvis, MS, has recently been updated with competitive new pricing of $158,900. Key Property Features: Modern Interior: The home features beautiful granite countertops and wood-grain ceramic tile flooring throughout the living spaces. Layout: It includes 3 bedrooms and 1 full bath, with a partially completed second bathroom in the master suite, allowing the new owner to easily finish a full primary suite. Move-In Ready: The roof is only six years old, and all recent renovations are brand new, providing immediate peace of mind for buyers. Outdoor Space: Situated on 0.30 acres of 16th Section Leasehold land, the property offers a large backyard on a quiet dead-end street. Location Highlights: Education: Located in the highly rated Purvis School District and within walking distance of the brand-new Purvis High School, which is currently under construction. Convenience: The home offers a quiet, small-town atmosphere while remaining just minutes from local stores and a short drive from the amenities of Hattiesburg. Nestled in a quaint older neighborhood on a quiet dead-end street, this charming Purvis home blends rustic craftsmanship with modern comfort. It's location is exceptionally convenient--just minutes from schools, stores, and everyday necessities, and situated in the highly sought-after Purvis School District. The brand-new Purvis High School has just recently just started construction within walking distance, adding even more appeal to the area. Inside, the home features numerous contemporary updates, including beautiful granite countertops and ceramic tile flooring with a warm wood-grain look that extends throughout the living spaces. With 3 bedrooms and 1 full bath, the home also offers a partially completed second bath within the master suite, giving the next owner the opportunity to easily finish out a true primary bathroom. Situated on 16th Section land, this Leasehold property offers a spacious backyard ideal for hosting gatherings or giving kids room to play. The roof is only six years old, and all recent renovations are new, offering peace of mind and move-in readiness. Close enough to Hattiesburg for convenience yet far enough to enjoy small-town charm, this home perfectly balances comfort, character, and location. * New AC Unit* New Windows Throughout*Granite Countertops* Ceramic Tile

18. 2026-03-24
    price $148,900 2592-char remark

    Show marketing remark (2592 chars)

    **MOTIVATED SELLER*** PURVIS SCHOOL DISTRICT Convenience & Updates! New Competitive Pricing Great Starter home OR Potential Investment for Rental! This charming 1,400 sq. ft. residential property, located at 706 Anderson Avenue in Purvis, MS, has recently been updated with competitive new pricing of $158,900. Key Property Features: Modern Interior: The home features beautiful granite countertops and wood-grain ceramic tile flooring throughout the living spaces. Layout: It includes 3 bedrooms and 1 full bath, with a partially completed second bathroom in the master suite, allowing the new owner to easily finish a full primary suite. Move-In Ready: The roof is only six years old, and all recent renovations are brand new, providing immediate peace of mind for buyers. Outdoor Space: Situated on 0.30 acres of 16th Section Leasehold land, the property offers a large backyard on a quiet dead-end street. Location Highlights: Education: Located in the highly rated Purvis School District and within walking distance of the brand-new Purvis High School, which is currently under construction. Convenience: The home offers a quiet, small-town atmosphere while remaining just minutes from local stores and a short drive from the amenities of Hattiesburg. Nestled in a quaint older neighborhood on a quiet dead-end street, this charming Purvis home blends rustic craftsmanship with modern comfort. It's location is exceptionally convenient--just minutes from schools, stores, and everyday necessities, and situated in the highly sought-after Purvis School District. The brand-new Purvis High School has just recently just started construction within walking distance, adding even more appeal to the area. Inside, the home features numerous contemporary updates, including beautiful granite countertops and ceramic tile flooring with a warm wood-grain look that extends throughout the living spaces. With 3 bedrooms and 1 full bath, the home also offers a partially completed second bath within the master suite, giving the next owner the opportunity to easily finish out a true primary bathroom. Situated on 16th Section land, this Leasehold property offers a spacious backyard ideal for hosting gatherings or giving kids room to play. The roof is only six years old, and all recent renovations are new, offering peace of mind and move-in readiness. Close enough to Hattiesburg for convenience yet far enough to enjoy small-town charm, this home perfectly balances comfort, character, and location. * New AC Unit* New Windows Throughout*Granite Countertops* Ceramic Tile

19. 2025-12-27
    price $158,900 2592-char remark

    Show marketing remark (2592 chars)

    **MOTIVATED SELLER*** PURVIS SCHOOL DISTRICT Convenience & Updates! New Competitive Pricing Great Starter home OR Potential Investment for Rental! This charming 1,400 sq. ft. residential property, located at 706 Anderson Avenue in Purvis, MS, has recently been updated with competitive new pricing of $158,900. Key Property Features: Modern Interior: The home features beautiful granite countertops and wood-grain ceramic tile flooring throughout the living spaces. Layout: It includes 3 bedrooms and 1 full bath, with a partially completed second bathroom in the master suite, allowing the new owner to easily finish a full primary suite. Move-In Ready: The roof is only six years old, and all recent renovations are brand new, providing immediate peace of mind for buyers. Outdoor Space: Situated on 0.30 acres of 16th Section Leasehold land, the property offers a large backyard on a quiet dead-end street. Location Highlights: Education: Located in the highly rated Purvis School District and within walking distance of the brand-new Purvis High School, which is currently under construction. Convenience: The home offers a quiet, small-town atmosphere while remaining just minutes from local stores and a short drive from the amenities of Hattiesburg. Nestled in a quaint older neighborhood on a quiet dead-end street, this charming Purvis home blends rustic craftsmanship with modern comfort. It's location is exceptionally convenient--just minutes from schools, stores, and everyday necessities, and situated in the highly sought-after Purvis School District. The brand-new Purvis High School has just recently just started construction within walking distance, adding even more appeal to the area. Inside, the home features numerous contemporary updates, including beautiful granite countertops and ceramic tile flooring with a warm wood-grain look that extends throughout the living spaces. With 3 bedrooms and 1 full bath, the home also offers a partially completed second bath within the master suite, giving the next owner the opportunity to easily finish out a true primary bathroom. Situated on 16th Section land, this Leasehold property offers a spacious backyard ideal for hosting gatherings or giving kids room to play. The roof is only six years old, and all recent renovations are new, offering peace of mind and move-in readiness. Close enough to Hattiesburg for convenience yet far enough to enjoy small-town charm, this home perfectly balances comfort, character, and location. * New AC Unit* New Windows Throughout*Granite Countertops* Ceramic Tile

20. 2025-11-21
    listed $168,900 Active 2592-char remark

    Show marketing remark (2592 chars)

    **MOTIVATED SELLER*** PURVIS SCHOOL DISTRICT Convenience & Updates! New Competitive Pricing Great Starter home OR Potential Investment for Rental! This charming 1,400 sq. ft. residential property, located at 706 Anderson Avenue in Purvis, MS, has recently been updated with competitive new pricing of $158,900. Key Property Features: Modern Interior: The home features beautiful granite countertops and wood-grain ceramic tile flooring throughout the living spaces. Layout: It includes 3 bedrooms and 1 full bath, with a partially completed second bathroom in the master suite, allowing the new owner to easily finish a full primary suite. Move-In Ready: The roof is only six years old, and all recent renovations are brand new, providing immediate peace of mind for buyers. Outdoor Space: Situated on 0.30 acres of 16th Section Leasehold land, the property offers a large backyard on a quiet dead-end street. Location Highlights: Education: Located in the highly rated Purvis School District and within walking distance of the brand-new Purvis High School, which is currently under construction. Convenience: The home offers a quiet, small-town atmosphere while remaining just minutes from local stores and a short drive from the amenities of Hattiesburg. Nestled in a quaint older neighborhood on a quiet dead-end street, this charming Purvis home blends rustic craftsmanship with modern comfort. It's location is exceptionally convenient--just minutes from schools, stores, and everyday necessities, and situated in the highly sought-after Purvis School District. The brand-new Purvis High School has just recently just started construction within walking distance, adding even more appeal to the area. Inside, the home features numerous contemporary updates, including beautiful granite countertops and ceramic tile flooring with a warm wood-grain look that extends throughout the living spaces. With 3 bedrooms and 1 full bath, the home also offers a partially completed second bath within the master suite, giving the next owner the opportunity to easily finish out a true primary bathroom. Situated on 16th Section land, this Leasehold property offers a spacious backyard ideal for hosting gatherings or giving kids room to play. The roof is only six years old, and all recent renovations are new, offering peace of mind and move-in readiness. Close enough to Hattiesburg for convenience yet far enough to enjoy small-town charm, this home perfectly balances comfort, character, and location. * New AC Unit* New Windows Throughout*Granite Countertops* Ceramic Tile

21. 2004-12-03
    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: $989 · $82/mo
• Projected year-2 tax: $1,130 · $94/mo
• Expected delta: +$141/yr (+$12/mo · 14.3%)

ⓘ 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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 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: $15,600
• − Mortgage interest: −$8,010
• − Property taxes: −$989
• − Insurance: −$715
• − Repairs & maintenance: −$1,248
• − Management: −$1,248
• − Depreciation: −$4,160
• Taxable loss: −$770
• Est. tax savings @ 24.0%: +$185
• After-tax cash flow: $1,806/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: Lamar County School District
• NCES district ID: 2802400
• Math proficiency: 48% ▼ -13.00%
• Reading proficiency: 46% ▼ -7.00%
• Median HH income: $54,742
• Composite: 40.77/100
• National rank: #3645
• State rank: #18 of 130 in MS

Livability — Purvis

• Score: 74/100
• State rank: #14
• US rank: #4557

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Purvis, MS
• City population: 14,585
• Population (ZIP): 14,585

Population outlook (Lamar County) Hauer SSP2

• Today (2025): 71,826 people
• By 2030: 77,309 · +7.6%
• By 2040: 87,733 · +22.1%
• By 2050: 97,289 · +35.5%
• By 2075: 115,347 · +60.6%
• By 2100: 125,601 · +74.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 15% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Lithuanian 2% Serbian 1%
• Foreign-born: 1% · South Korea
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Lamar

• 2024 margin: Solid R (+48.8) · D 25.0% · R 73.8% · Other 1.3%
• 2008→2024 swing: +7.0pp toward D · 2008: -55.8pp · 2024: -48.8pp
• All cycles: 2024: R+48.8 2020: R+46.9 2016: R+55.6 2012: R+54.6 2008: R+55.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.82%
• Current HPI: 183.1373
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-15.3% since first listed

5 events — show timeline

• 2026-05-14 Price Changed $143,000 MLSU
• 2026-03-24 Price Changed $148,900 MLSU
• 2025-12-27 Price Changed $158,900 MLSU
• 2025-11-21 Listed $168,900 MLSU
• 2004-12-03 Sold (Public Records) — Public Records

Property tax history

+5.2%/yr

Latest (2025): $989 · +3.0% YoY. Source: county tax records.