Real Estate Investing in Jackson, Mississippi (39206)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39206 (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: 13.2% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
What’s happening in Jackson, MS (39206)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 39206 Jackson
Homes in the 39206 ZIP trade near $111K, a discount that has historically rewarded investors willing to renovate. Rent comps near $1,364/mo support the pro forma.
ZIP 39206 favors investors with a contractor on speed dial. Turning to rents, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,364/mo average.
Across MS, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 39206 posts both traits clearly.
The 39206 ZIP's demographic trend has been one of stability with upside — population of 21,878, steady renter share, and an incoming cohort that is willing to pay for improved units.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Jackson:
Property Strategy for 39206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $58,963 | $1,280 | 15.6% | +4.0% | $29,481 |
| 3BR | $88,568 | $1,530 | 12.4% | +3.9% | $29,523 |
| 4BR | $151,849 | $1,690 | 8.0% | +5.9% | $37,962 |
| 5BR | $204,040 | — | — | +4.5% | $40,808 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39206 Compare?
| Metric | 39206 | Jackson | Jackson, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $111,220 | $33,237 | N/A | $186,446 |
| 5-Year CAGR | 0.6% | 0.3% | N/A | 4.0% |
| Avg Rent | $1,364 | $1,158 | N/A | - |
| Cap Rate | 9.6% | 11.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39206 (Jackson, MS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 39206 (Jackson, MS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $111,220 |
| Monthly Rent | $1,364 |
| Price-to-Rent | 6.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.7% |
| Cap Rate | 9.6% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +11.9% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (9.6%) 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 39206
Population: 21,878
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 39206
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SPANN ELEMENTARY SCHOOL
MS SCHOOL FOR THE DEAF
CASEY ELEMENTARY SCHOOL
MS SCHOOL FOR THE BLIND
MC LEOD 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
Frequently Asked Questions
How much is rent in Jackson, MS?
Average rent in Jackson, MS is approximately $1,364/mo per month. Against $111K home values that yields a reasonable rent-to-price ratio.
Does Jackson, MS meet the 1% rule for rental property?
The 1% rule in Jackson, MS is reasonable to achieve. Rent-to-price at the median ($1,364/mo on $111K) lands around 1.23%.
Is Jackson, MS suited for a house hack?
House hacking in Jackson, MS is reasonable to execute. Prices around $111K and rents of $1,364/mo solid owner-occupant economics.
Does BRRRR pencil out in Jackson, MS?
BRRRR in Jackson, MS is a strong. The interplay of $111K values and $1,364/mo rents creates reasonable refinance conditions.
What investment strategy works best in Jackson, MS?
Investors usually favor value-add and BRRRR deals in Jackson, MS. With home values at $111K and rents near $1,364/mo, other strategies can work but produce consistent rather than outsized returns.
You know 39206 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39206 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 39206 ranks in Jackson, MS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 39206 (Jackson)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 39206 (Jackson, MS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.