Pemiscot County poses a price-versus-cash-flow evidence gap: rental-cash-flow investors should verify rent and hazard exposure, while buyers relying on an exit value should be cautious. Zillow’s 2026-06 median home value was $92,033, down 7.84% year over year. Separately, FHFA’s repeat-transaction HPI rose 11.2% in 2025 and 31.13% over its reported five-year measure. Different vintages and methods mean the index is neither a current dollar value nor a rate to blend with Zillow.
Gross yield cannot be calculated because county market asking rent is not published. HUD’s two-bedroom FMR of $888 per month is a payment standard, not market rent, and cannot substitute for it. The effective property-tax rate is 0.95%, and median annual tax is $925; both are carrying-cost inputs, not a parcel-specific tax bill. Realtor.com MLS listing-price, active-listing, days-on-market and reduction-share figures are not published, blocking a read on visible supply, marketing time and seller concessions.
Demand evidence is limited. Tax-return migration was net negative 66, and out-movers’ average AGI exceeded in-movers’ by $9,109. That describes moving tax-return households, not tenant demand. QCEW counted 4,690 annual average covered jobs at county workplaces in 2025, down 2.41%; it is not resident employment. Education and health services was the largest disclosed private supersector, not the whole economy. Non-occupant purchase mortgages were 7 of 80 purchases, or 8.75%, showing some buyer competition but not investor ownership.
Earthquake is the named dominant hazard; modeled climate loss is 0.41% of building value per year, not a dollar loss or property inspection. The thesis could fail if actual rents cannot cover costs, the differing price measures do not support an exit value, or insurance and seismic conditions are material. Next checks are achieved rents, vacancy and turnover; address-level insurance, seismic exposure and condition; parcel tax history; and current MLS transactions. County evidence cannot settle those underwriting questions.