488 Salisbury Dr · Woodville, MS 39669

$119,000

3 bd · 1.0 ba · 1,260 sqft · SingleFamily · 82 Days on market

Built 2024 Fair condition 1.00 ac lot

---

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 +18.3/30.0
• Appreciation +7.7/10.0
• ARV discount +7.5/15.0
• DSCR +5.7/10.0
• 1% rule +4.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +0.6/10.0

Listing remarks MLS

**Charming Countryside Retreat in Woodville, MS!** Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you're greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities--ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

Key facts

• Classic gas stove
• Natural light
• Unparalleled privacy

Tags

• COUNTRYSIDE RETREAT
• SERENE ACRE
• UNPARALLELED PRIVACY
• SPACIOUS OPEN LIVING ROOM
• CLASSIC GAS STOVE
• NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $119k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $109 ($1k/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 $118k (1.0% below list).
• Recommended offer: $112k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#104 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, schools F, amenities F.
• Wilkinson County School District (rural): math 4% / reading 11% proficiency, ranked #124 of 130 in MS (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 95% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 35 active listings in the ZIP.

Forward outlook

• In year one you build about $7k of equity ($823 loan paydown + $6k appreciation (5.3% local appreciation)).
• Wilkinson County population projected at -37% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.3% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 82 days — a 6% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y 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, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $111,860 (6.0% below list)

Questions for the listing agent

1. It's been on market 82 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. 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: 0.99% ✗
• Cap rate: 7.39%
• Cash-on-cash: 3.91%
• DSCR: 1.17
• GRM: 8.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.31% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.0%
• Equity multiple: 2.09×
• Total profit: $36,485
• Equity at exit: $69,699

10-year hold

• IRR: 17.1%
• Equity multiple: 4.10×
• Total profit: $103,416
• Equity at exit: $122,206

Cash invested: $33,320 (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 39669

• Home prices YoY: 6.4%
• Active inventory: 35
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,178 medium
• Mortgage (P&I): −$624
• Tax est. 1.5%: −$149 /mo · $1,785/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $109

Break-even live

Break-even rent $1,041

Max offer price $119,000

Occupancy floor 86%

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   days on market $119,000 Active 82 DOM
2. 2026-06-17
   days on market $119,000 Active 81 DOM
3. 2026-06-16
   days on market $119,000 Active 80 DOM
4. 2026-06-15
   days on market $119,000 Active 79 DOM
5. 2026-06-13
   days on market $119,000 Active 77 DOM
6. 2026-06-12
   days on market $119,000 Active 76 DOM
7. 2026-06-09
   days on market $119,000 Active 73 DOM
8. 2026-06-08
   days on market $119,000 Active 72 DOM
9. 2026-06-07
   days on market $119,000 Active 71 DOM
10. 2026-06-05
    days on market $119,000 Active 69 DOM
11. 2026-06-04
    days on market $119,000 Active 67 DOM
12. 2026-06-02
    days on market $119,000 Active 66 DOM
13. 2026-06-01
    days on market $119,000 Active 65 DOM
14. 2026-05-31
    days on market $119,000 Active 64 DOM
15. 2026-04-05
    status Active 1192-char remark

    Show marketing remark (1211 chars)

    * * Charming Countryside Retreat in Woodville, MS! * * Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you’re greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities—ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

16. 2026-04-05
    status Active 1211-char remark

    Show marketing remark (1211 chars)

    * * Charming Countryside Retreat in Woodville, MS! * * Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you’re greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities—ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

17. 2026-03-24
    status Pending 1192-char remark

    Show marketing remark (1211 chars)

    * * Charming Countryside Retreat in Woodville, MS! * * Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you’re greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities—ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

18. 2026-03-24
    status Pending 1211-char remark

    Show marketing remark (1211 chars)

    * * Charming Countryside Retreat in Woodville, MS! * * Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you’re greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities—ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

19. 2026-03-17
    listed $119,000 Active 1211-char remark

    Show marketing remark (1192 chars)

    **Charming Countryside Retreat in Woodville, MS!** Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you're greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities--ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

20. 2026-03-17
    listed $119,000 Active 1192-char remark

    Show marketing remark (1192 chars)

    **Charming Countryside Retreat in Woodville, MS!** Discover your own slice of paradise nestled in the picturesque landscapes of Wilkinson County. This beautiful three-bedroom, one bath home is ideally situated on a serene acre at the end of a peaceful county road, offering unparalleled privacy and tranquility. As you step inside, you're greeted by an inviting atmosphere that seamlessly marries rustic charm with modern convenience. The heart of this home is undoubtedly its spacious open living room with high ceiling and spacious kitchen, featuring a classic gas stove that makes cooking family meals or entertaining friends a delight. With ample space and plenty of natural light cascading through windows, each room boasts character and charm. Whether you're looking for a camp for hunting, a weekend getaway destination, or a full-time residence to call your own, this property perfectly suits a multitude of lifestyles. The expansive outdoor area presents boundless opportunities--ideal for setting up camp under starlit skies, hosting barbeques on sunny afternoons, or simply relaxing with nature in your backyard oasis. Envision creating cherished memories in your new camp or home!

21. 2026-01-21
    status Pending
22. 2025-10-29
    price $129,000
23. 2025-10-29
    price $129,000
24. 2025-08-08
    listed $139,000 Active
25. 2025-08-08
    listed $139,000 Active
26. 2022-09-06
    historical
27. 2022-03-05
    listed $110,000 Active

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 18 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: $14,140
• − Mortgage interest: −$6,666
• − Property taxes: −$1,785
• − Insurance: −$595
• − Repairs & maintenance: −$1,131
• − Management: −$1,131
• − Depreciation: −$3,462
• Taxable loss: −$630
• Est. tax savings @ 24.0%: +$151
• After-tax cash flow: $1,453/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This charming three-bedroom home in Woodville, MS, requires moderate repairs and maintenance to improve its condition and value. Key areas for improvement include the exterior siding and landscaping, which can significantly enhance its curb appeal and marketability.

Repairs flagged

• Major exterior siding — Peeling paint
• Major landscaping — Overgrown vegetation

Value-add opportunities

• Both paint exterior — Enhances curb appeal and value
• Both trim vegetation — Improves curb appeal and value
• Resale update kitchen appliances — Modernizes kitchen and attracts buyers
• Resale update bathrooms — Modernizes bathrooms and attracts buyers
• Both update HVAC system — Improves comfort and energy efficiency

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Peeling paint	Major	$15,000–50,000
landscaping · Overgrown vegetation	Major	$15,000–50,000
Total estimated repair cost · 2 items		$30,000–100,000

Value-add ROI direction

• Both paint exterior — Enhances curb appeal and value ↑
• Both trim vegetation — Improves curb appeal and value ↑
• Resale update kitchen appliances — Modernizes kitchen and attracts buyers ↑
• Resale update bathrooms — Modernizes bathrooms and attracts buyers ↑
• Both update HVAC system — Improves comfort and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Wilkinson County School District
• NCES district ID: 2804710
• Math proficiency: 4% ▼ -12.00%
• Reading proficiency: 11% ▼ -5.00%
• Median HH income: $29,558
• Composite: 5.57/100
• National rank: #10025
• State rank: #124 of 130 in MS

Livability — Woodville

• Score: 65/100
• State rank: #104
• US rank: #12514

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,260

Population outlook (Wilkinson County) Hauer SSP2

• Today (2025): 7,916 people
• By 2030: 7,289 · -7.9%
• By 2040: 6,036 · -23.7%
• By 2050: 4,978 · -37.1%
• By 2075: 3,361 · -57.5%
• By 2100: 2,387 · -69.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (69%)
• Race & ethnicity: Black 69% White 28% Two or more races 3%
• Common ancestry: Lithuanian 3% Serbian 1%

Political lean MEDSL · Wilkinson

• 2024 margin: Strong D (+25.3) · D 62.0% · R 36.7% · Other 1.3%
• 2008→2024 swing: -13.1pp toward R · 2008: 38.4pp · 2024: 25.3pp
• All cycles: 2024: D+25.3 2020: D+34.5 2016: D+36.4 2012: D+39.3 2008: D+38.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.31%
• Current HPI: 88.8448
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+8.2% since first listed

13 events — show timeline

• 2026-04-05 Relisted — AcadianaMLS
• 2026-04-05 Relisted — GBRMLS
• 2026-03-24 Pending — AcadianaMLS
• 2026-03-24 Pending — GBRMLS
• 2026-03-17 Listed $119,000 GBRMLS
• 2026-03-17 Listed $119,000 AcadianaMLS
• 2026-01-21 Pending — GBRMLS
• 2025-10-29 Price Changed $129,000 AcadianaMLS
• 2025-10-29 Price Changed $129,000 GBRMLS
• 2025-08-08 Listed $139,000 GBRMLS
• 2025-08-08 Listed $139,000 AcadianaMLS
• 2022-09-06 Listing Removed — MLSU
• 2022-03-05 Listed $110,000 MLSU