Investing in Hinds County
Hinds County covers 4 rental markets we actively finance in Mississippi — Byram, Clinton, Jackson, Terry. Across those markets the median investment basis averages $191,250, a long-term lease averages $1,300/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,272. That produces a county-wide average DSCR ratio near 1.03x.
Basis varies more inside Hinds County than the average suggests. Jackson is the lowest entry point at roughly $110,000, while Terry currently models the strongest coverage ratio in the county at 1.18x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.