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351 Lawrence Rd, Jackson, MS, 39206

3beds
1baths
1,090sqft
$100,000
$92price/sqft
$940/moest. monthly cost
$37,600/yrincome needed

About This Home

Income-producing investment property with a tenant in place. Perfect opportunity for investors looking to expand their rental portfolio. Property is currently occupied--please do not disturb the tenant. Showings available with accepted offer. Rent is $1,050/mo. Pictures are prior to the tenant moving in. The seller has two other properties that could be packaged together.

Getting Around

20
WalkingCar-Dependent
24
TransitMinimal Transit
27
BikeSomewhat Bikeable

Schools

2/10
Boyd Elementary SchoolGrades K-50.6 mi
7/10
Bailey Middle APACGrades 6-82.8 mi
7/10
Murrah High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Conventional
  • Roof: Architectural Shingles
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,090
  • Total interior livable area: 1,090 sqft

Property

Details

  • Parcel number: 05170016000

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 0.27 Acres

Parking

  • Total spaces: 3
  • Parking features: Driveway,No Garage
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Tornado
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Hinds County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$183$2,196
Property Taxes $60$720
Electricity $192$2,304
Total$940$11,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,228/yr
40% on housing$28,200/yr
45% on housing$25,066/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 39206$69
Hinds County$92

vs Homes Sold Last Month

Median $/sqft

ZIP 39206$91
Hinds County$86

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Listed for sale$100,000
2025-07-09Listing removed$1,050
2025-06-04Price change$1,050
2025-04-04Listed for rent$1,150
2025-03-31Listing removed$109,000
2025-03-06Listed for sale$109,000
2024-01-06Listing removed--
2024-01-05Price change$1,060
2023-11-29Listed for rent$1,095
2023-10-24Sold--
2023-09-13Pending sale$70,000
2023-08-22Listed for sale$70,000
2023-06-09Listing removed--
2023-05-04Price change$79,000
2023-04-13Price change$85,000
2023-02-14Listed for sale$89,000
2023-01-26Listing removed--
2023-01-25Listed for rent$925
2023-01-24Listing removed--
2023-01-13Price change$925
2022-12-08Price change$995
2022-11-02Price change$1,080
2022-05-20Price change$995
2022-05-06Price change$1,051
2022-03-18Price change$1,050
2022-03-11Listed for rent$1,075
2009-04-29Sold--

For Sale by Agent

AgentCharlie S Lucroy
BrokerageNextHome Concordance Realty

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