Hinds County presents a cash-flow-versus-demand tension: Zillow’s county observation reports a $132,636 median home value and $1,305 monthly median asking rent, with a reported 11.81% gross yield before costs. Investors screening for income should investigate individual assets; buyers relying on resale depth or migration-led tenant growth should be cautious. The record is county-level and does not establish Jackson metro conditions.
That yield is based on measured market rent, not HUD’s two-bedroom Fair Market Rent, which is a payment standard rather than an asking-rent estimate. Zillow’s price measure moved upward, while FHFA’s 2025 annual repeat-transaction HPI rose 3.54%; these distinct methods and vintages corroborate direction but cannot be combined into one appreciation rate. Carrying costs matter: the effective property-tax rate is 0.88%, and median annual tax is $1,403. Gross yield remains pre-expense because insurance, repairs, vacancy, financing, and property-level flood costs are not published.
Tax-return migration is negative: 4,226 households moved in and 5,619 moved out, a calculated net loss of 1,393. Entrants’ average income was $12,943 below that of departing households. QCEW records 109,453 annual average covered jobs located at county workplaces; this is not resident employment or an unemployment measure. Education and health services is the largest disclosed private supersector, not the whole economy. Investors made 441 of 1,900 purchase mortgages, or 23.21%, indicating meaningful buyer competition but not proof of end-buyer demand or price support.
Inland flood is the dominant hazard, and the modeled annual expected building-value loss ratio is 0.23%, aligning the climate measure with the named risk without identifying exposure for any parcel. Realtor.com listing price, active-listing, days-on-market, price-reduction, and pending-ratio figures are not published in this record; their absence prevents a conclusion on visible supply, marketing time, or seller concessions. Property-level flood-zone status, insurance terms, condition, vacancy, operating expenses, and closed-sale evidence are also needed before converting the county gross-yield screen into net underwriting.