Location: Webster County, MS | Metro: Choctaw County, MS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,120 |
| 4 Bedrooms | $1,220 |
| 5 Bedrooms | $1,415 |
| 6 Bedrooms | $1,585 |
| 7 Bedrooms | $1,712 |
| 8 Bedrooms | $1,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,120 | $158,022 | 0.71% | D |
U.S. Census Bureau data (2024)
The analysis of ZIP code 39767 in Webster County, Mississippi, reveals several key points for potential real estate investments.
The rent math does not work favorably. The Fair Market Rent (FMR) for the area, set at $850 for fiscal year 2026, lacks a direct comparison with the current market rent due to insufficient data. This uncertainty can make it difficult to predict profitability based on rental income alone.
Acquisition affordability is mixed. With a median home value of $149,868, the area offers relatively low entry costs for property investment. However, without specific data on the number of days on market (DOM) and the percentage of homes that have been listed with price cuts, it's challenging to assess how competitive the market is for acquiring properties at favorable prices.
Tenant demand is limited. The total population of ZIP 39767 is 576, with only 17.6% of residents being renters. This small pool of potential tenants could result in higher vacancy rates and increased competition among landlords for a limited number of renters.
Verdict: While ZIP 39767 offers an affordable entry point for property acquisition with its median home value, the lack of detailed market rent data and the limited tenant demand present significant challenges. Landlords and small-portfolio investors should proceed with caution, focusing on securing properties below the median value and considering strategies to attract and retain tenants in a market with fewer renters. The absence of robust rental income potential and the smaller size of the rental market suggest that this area might be less attractive for investment compared to others with clearer financial forecasts and larger tenant pools.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.