Location: Lowndes County, MS | Metro: Lowndes County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
To classify ZIP code 39703 in Unknown, MS, we must consider the available data on yield and stability. The primary indicator for yield here is the Fair Market Rent (FMR), which stands at $880 for the fiscal year 2026. This figure represents the average rent for a standard unit in the area, but it's important to note that there are no specific market rents or home values provided for this ZIP code.
The lack of detailed market and home value data suggests that the area may not have been extensively analyzed or reported on, making it difficult to provide a precise classification based on these metrics alone. However, the FMR can still be used to gauge potential rental income.
Moving to stability indicators, the data is also sparse. There are no percentages given for the proportion of renters, no information on days on market (DOM) for properties, and no median income figures for the area. Without these specifics, it's challenging to determine how stable the rental market might be in terms of tenant retention and property turnover rates.
Given the limited data, ZIP 39703 cannot be confidently classified as either a high-yield/low-stability flip-style market or a steady-cashflow zone. The $880 FMR suggests a moderate rental yield, but without comparative market rents or home values, it's impossible to assess whether this is particularly high or low relative to other areas. Similarly, the absence of key stability metrics prevents us from making a definitive judgment on the predictability of cash flows or the overall risk profile of investing in this ZIP code.
In conclusion, while the FMR provides some insight into potential rental income, the lack of comprehensive market data means that ZIP 39703 falls into an ambiguous category. Investors should seek additional local insights before making any decisions regarding investment in this area.
Data Sources: FMR data from HUD (2027).
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.