Let me try another: Maybe it's ROT13 (A↔N, B↔O, etc.).
Given the look, "ly" repeats, likely "is" or "to" or "my". "dwlt" might be "with" or "from".
Applying Atbash: V (22nd letter) ↔ E (5th letter) p (16th) ↔ K (11th) n (14th) ↔ M (13th) → "Ekm"