340 Broadview Dr · Jackson, MS 39209

$12,900

2 bd · 1.0 ba · 1,251 sqft · SingleFamily public records · 197 Days on market

Built 1950 0.27 ac lot $10/sqft · 52% below area ↓ 28% 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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0

Listing remarks MLS

Discover the potential at 340 Broadview Street, a single-family home located in an established neighborhood of Jackson. This property offers a functional layout, making it an excellent opportunity for investors or buyers looking to add personal touches. Conveniently situated near local schools, parks, and everyday amenities, the home provides easy access to major roadways and city conveniences. Whether you're seeking a renovation project or an affordable home with room to grow, this property offers solid value and promising potential.

Key facts

• 0.27 acre lot
• Built 1950
• Listed 197 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $13k.

Deal economics

• At list price, monthly cash flow is $789 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $13k).
• Recommended offer: $11k (12.0% below list) — sets the bar for market timing.
• Cap rate 79.7% 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: 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: Bailey Middle Apac School (math 46% / reading 62%, grade B-, #18 of 179 statewide, top 10%, 247 students, 100% FRL); Provine High School (math 4% / reading 15%, grade F, #179 of 197 statewide, top 92%, 774 students, 100% FRL).
• Zoned-school proficiency averages 32% at this address vs 14% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Jackson Public School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 165 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($36k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $1k of equity ($89 loan paydown + $1k appreciation (10.0% local appreciation)).
• Hinds County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% 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 197 days — a 12% lower offer ($11k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $11,352 (12.0% below list)

Questions for the listing agent

1. It's been on market 197 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 1950 — 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. 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: 8.61% ✓
• Cap rate: 79.66%
• Cash-on-cash: 262.03%
• DSCR: 12.66
• GRM: 1.0

CMA / ARV

• ARV (median comp): $27,000
• List price: $12,900
• Delta: -52.22%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4434 Joel Ave	0.46mi	3/1.0 (+1)	1,211 (-3%)	6mo	$65,000	$54	63
34 Garden Cir	0.21mi	3/2.0 (+1)	1,221 (-2%)	20mo	$79,900	$65	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 16.86×
• Total profit: $57,275
• Equity at exit: $11,621

10-year hold

• IRR: —
• Equity multiple: 36.77×
• Total profit: $129,196
• Equity at exit: $25,062

Cash invested: $3,612 (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 39209

• Home prices YoY: 7.7%
• Active inventory: 165
• Price-to-rent: 1.0×

Monthly cashflow live

• Estimated rent: $1,111 high
• Mortgage (P&I): −$68
• Tax est. 1.5%: −$16 /mo · $194/yr
• Insurance: −$5
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $789

Break-even live

Break-even rent $113

Max offer price $12,900

Occupancy floor 24%

Sensitivity live

Price	-10% $798	-5% $793	+0% $789	+5% $784	+10% $780
Rent	-10% $701	-5% $745	+0% $789	+5% $833	+10% $876
Rate	-1.0pp $795	-0.5pp $792	base $789	+0.5pp $785	+1.0pp $782

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: $3,225
• Closing costs: $387
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
264 Sewanee Dr Jackson, MS	3.0	1.0	1217	$995	$0.82	25d	1	0.72mi
4539 Ritchey Dr Jackson, MS	3.0	2.0	1144	$1,250	$1.09	45d	1	0.81mi
3625 Liberty St Jackson, MS	3.0	1.0	1056	$1,190	$1.13	15d	1	1.00mi
2829 Comfort St Jackson, MS	3.0	2.0	1260	$1,250	$0.99	15d	1	1.24mi
2829 Comfort St Jackson, MS	3.0	1.5	1260	$1,250	$0.99	25d	1	1.24mi

Listing history 22 events

1. 2026-06-18
   status $12,900 Pending 197 DOM
2. 2026-06-18
   days on market $12,900 Active 197 DOM
3. 2026-06-17
   days on market $12,900 Active 196 DOM
4. 2026-06-16
   days on market $12,900 Active 195 DOM
5. 2026-06-15
   days on market $12,900 Active 194 DOM
6. 2026-06-14
   days on market $12,900 Active 192 DOM
7. 2026-06-13
   days on market $12,900 Active 191 DOM
8. 2026-06-10
   days on market $12,900 Active 189 DOM
9. 2026-06-09
   days on market $12,900 Active 188 DOM
10. 2026-06-08
    days on market $12,900 Active 187 DOM
11. 2026-06-07
    days on market $12,900 Active 186 DOM
12. 2026-06-05
    days on market $12,900 Active 183 DOM
13. 2026-06-03
    days on market $12,900 Active 182 DOM
14. 2026-06-03
    status $12,900 Active 181 DOM
15. 2026-05-20
    status Pending 540-char remark

    Show marketing remark (540 chars)

    Discover the potential at 340 Broadview Street, a single-family home located in an established neighborhood of Jackson. This property offers a functional layout, making it an excellent opportunity for investors or buyers looking to add personal touches. Conveniently situated near local schools, parks, and everyday amenities, the home provides easy access to major roadways and city conveniences. Whether you're seeking a renovation project or an affordable home with room to grow, this property offers solid value and promising potential.

16. 2026-04-07
    price $12,900 540-char remark

    Show marketing remark (540 chars)

    Discover the potential at 340 Broadview Street, a single-family home located in an established neighborhood of Jackson. This property offers a functional layout, making it an excellent opportunity for investors or buyers looking to add personal touches. Conveniently situated near local schools, parks, and everyday amenities, the home provides easy access to major roadways and city conveniences. Whether you're seeking a renovation project or an affordable home with room to grow, this property offers solid value and promising potential.

17. 2026-03-02
    price $14,900 540-char remark

    Show marketing remark (540 chars)

    Discover the potential at 340 Broadview Street, a single-family home located in an established neighborhood of Jackson. This property offers a functional layout, making it an excellent opportunity for investors or buyers looking to add personal touches. Conveniently situated near local schools, parks, and everyday amenities, the home provides easy access to major roadways and city conveniences. Whether you're seeking a renovation project or an affordable home with room to grow, this property offers solid value and promising potential.

18. 2025-11-20
    listed $17,900 Active 540-char remark

    Show marketing remark (540 chars)

    Discover the potential at 340 Broadview Street, a single-family home located in an established neighborhood of Jackson. This property offers a functional layout, making it an excellent opportunity for investors or buyers looking to add personal touches. Conveniently situated near local schools, parks, and everyday amenities, the home provides easy access to major roadways and city conveniences. Whether you're seeking a renovation project or an affordable home with room to grow, this property offers solid value and promising potential.

19. 2016-12-02
    soldstatus
20. 1998-05-22
    soldstatus
21. 1998-04-22
    soldstatus
22. 1996-09-05
    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 6 d/yr ≥109°F today · 18 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: $13,334
• − Mortgage interest: −$723
• − Property taxes: −$194
• − Insurance: −$64
• − Repairs & maintenance: −$1,067
• − Management: −$1,067
• − Depreciation: −$375
• Taxable income: $9,845
• Est. tax owed @ 24.0%: −$2,363
• After-tax cash flow: $7,102/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): 25,776
• Household income: $36,344
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1627.0

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 (90%)
• Race & ethnicity: Black 90% White 7% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% 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: ▲ 22.28%
• Current HPI: 312.6754
• Rent YoY: —
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

-27.9% since first listed

8 events — show timeline

• 2026-05-20 Pending — MLSU
• 2026-04-07 Price Changed $12,900 MLSU
• 2026-03-02 Price Changed $14,900 MLSU
• 2025-11-20 Listed $17,900 MLSU
• 2016-12-02 Sold (Public Records) — Public Records
• 1998-05-22 Sold (Public Records) — Public Records
• 1998-04-22 Sold (Public Records) — Public Records
• 1996-09-05 Sold (Public Records) — Public Records

Property tax history

+2.0%/yr

Latest (2025): $927 · +1.3% YoY. Source: county tax records.