Location: Lowndes County, MS | Metro: Lowndes County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 39736 reveals a market that is balanced between yield potential and stability, making it suitable for both steady cash flow investments and those looking for higher returns through strategic management.
On the yield axis, the Financial Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $880, significantly higher than the current market rent of $397. This indicates a strong potential for rental income growth if properties can be leased at or near FMR rates. However, the lack of specific home value data suggests that appreciation might not be as straightforward, which could limit the potential for flipping properties.
Moving to the stability axis, 52.9% of residents are renters, which is a solid base for consistent demand. The absence of day DOM (Days on Market) data makes it challenging to assess how quickly units turn over, but the median household income of $19,402 points to a lower economic bracket, potentially affecting the ability to pay higher rents. Despite this, the disparity between the current market rent and the projected FMR suggests that there is room for improvement in rental pricing strategies without necessarily deterring tenants.
To conclude, ZIP 39736 leans towards being a steady-cashflow zone due to the high percentage of renters and the manageable income level. However, the substantial gap between the current market rent and the FMR opens up opportunities for higher yields through effective property management and rent optimization. Landlords and small-portfolio investors should focus on enhancing property values and maintaining occupancy rates to leverage this dual potential.
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.