MarketsRun a deal in this market
State · MS
Mississippi
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$180k
+3.2%Zillow ZHVI
Median rent
$1,200/mo
+4.0%Zillow ZORI
Gross yield
8.00%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$52,985
Census ACS
Owner-occupied
68.8%
Census ACS
Renter-occupied
31.2%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 8.00% is solid - above the 7% threshold most LTR investors target.
Rent grew 4.0% YoY while values moved 3.2%. That gap drives whether yield compresses or expands over time.
Renter share is 31% - a deep renter pool means lower vacancy risk in Mississippi.
Median income of $52,985 sets the affordability ceiling on rent growth.