Real Estate Investing in Jackson, Mississippi (39203)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39203 (Jackson, MS)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 28.0% of homes vacant — above national norms.
- Declining values: -1.6% 5-year CAGR — values have moved lower.
- Lower household income: $26,250 median — tenant affordability is tighter.
What’s happening in Jackson, MS (39203)?
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Market Analysis: 39203 Jackson
ZIP 39203 offers what many appreciation markets cannot: an affordable basis at $40K and rent support of $845/mo for rehab-driven equity creation in Hinds County.
Value-add is the defining thesis in 39203. Homes trade near $40K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
In Hinds County, 39203 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
The resident base in 39203 runs younger and more tenure-renter than county averages. 69% of 4,803 households lease, which is the demand source for post-rehab rent lifts.
BRRRR is the most natural fit. Buy under $40K, rehab, refinance, and the capital recycles in a way turnkey markets cannot replicate.
Here's what matters if you're considering buying a home in Jackson:
Property Strategy for 39203
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $23,881 | $890 | 26.8% | +8.4% | $11,941 |
| 3BR | $63,527 | $1,070 | 12.1% | +7.5% | $21,176 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39203 Compare?
| Metric | 39203 | Jackson | Jackson, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $40,266 | $33,237 | N/A | $186,446 |
| 5-Year CAGR | N/A | 0.3% | N/A | 4.0% |
| Avg Rent | $845 | $1,158 | N/A | - |
| Cap Rate | 16.4% | 11.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39203 (Jackson, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $40,266 |
| Monthly Rent | $845 |
| Price-to-Rent | 4.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 25.2% |
| Cap Rate | 16.4% |
| 5-Year IRR | 14.8% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | -1.6% ▼ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (16.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 39203
Population: 4,803
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 39203
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BAILEY MIDDLE APAC SCHOOL
WILKINS ELEMENTARY SCHOOL
WINGFIELD HIGH SCHOOL
LESTER ELEMENTARY SCHOOL
ISABLE ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 636 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What investment strategy works best in Jackson, MS?
For Jackson, MS, value-add and BRRRR deals is the standard investor playbook. The market structure makes it a reasonable default approach.
Do properties in Jackson, MS satisfy the 1% rule?
With rents of $845/mo on $40K homes, Jackson, MS close to the 1% rule for most properties. The actual rent-to-price ratio is 2.10%.
What is the investability score for Jackson, MS?
Investors tracking Jackson, MS will find a 4.0/5 rating supported by $40K median home values and $845/mo rents. That profile suits long-term holders targeting measured returns.
Does buy-rehab-rent-refinance work in Jackson, MS?
Yes - BRRRR is a strong in Jackson, MS. The $40K home values and $845/mo rents anchor the refinance math.
Can I live-in-and-rent in Jackson, MS?
For house hackers, Jackson, MS is an attractive. The $845/mo rent on a unit helps defray the mortgage on a $40K property.
You know 39203 now. You don’t know where it ranks.
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How 39203 ranks in Jackson, MS
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