Location: Jefferson County, MS | Metro: Amite County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 39653 reveals several key points for potential investment. First, regarding the rent math, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000. However, the market rent data is currently unavailable, making it difficult to compare and assess whether the rent math works effectively in this area.
Second, the acquisition cost appears to be relatively low, with a median home value of $140,972. This figure suggests that purchasing property in this ZIP code could be affordable compared to other areas. Unfortunately, the days on market (DOM) and the percentage of homes that have been listed with a price cut are also not available, which would provide further insight into the local real estate market dynamics.
Third, there is a notable tenant demand in ZIP 39653. The area has a population of 3,247 residents, with 21.2% of them being renters. This indicates a steady stream of potential tenants who are actively seeking rental properties, which is beneficial for landlords and small-portfolio investors looking to secure occupancy.
Verdict: Despite the lack of current market rent data, the affordability of acquisitions at a median home value of $140,972 and the presence of a significant renter share at 21.2% make ZIP 39653 a promising area for investment. Landlords can expect to find a stable tenant base, though they should ensure that their rental pricing aligns with the FMR of $1,000 to maintain competitiveness and profitability. Further investigation into recent market trends would be advisable to confirm the viability of rental income expectations.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.