Is Lee County, MS good for real estate investing?

Lee County has an investment score of 76/100, rated as "Strong Buy". The county ranks #30 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Lee?

The rent-to-price ratio in Lee County is 7.98% annually, which ranks in the 90th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Lee?

The median home price in Lee County is $195,376. This ranks #338 in affordability among all US counties.

Can you cash flow on rental properties in Lee?

Based on median values with 20% down at current rates, a typical rental in Lee County would generate negative cash flow of $180/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Lee County

MississippiPopulation: 83,343

/100

Strong Buy

#30 of 1,000 counties

#1 in Mississippi (80 counties)

Market Snapshot

$195,376

Median Home Price

16% below national median

$1,299/mo

Median Rent

14% below national median

7.98%

Rent-to-Price Ratio

Top 10% nationally

-$180

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$195,376

Down Payment (20%)$39,075

Loan Amount$156,301

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,299

Monthly P&I-$1,024

Est. Expenses (35%)-$455

Net Cash Flow-$180/mo

5.2%

Cap Rate (all cash)

-4.8%

Cash-on-Cash Return

7.98%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

76/100

Cash Flow(30%)

80/100

Based on 7.98% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

89/100

Based on 5.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

85/100

Price-to-income ratio of 3.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.98%)
+Strong price appreciation (+5.9% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative leverage (cap rate 5.2% < mortgage rate 6.9%)

Economic Indicators

Population

83,343

Median Income

$64,479

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentLeeMS	76	$195,376	$1,299	7.98%	Strong Buy
HindsMS	76	$125,430	$1,343	12.85%	Strong Buy	View
ItawambaMS	76	$147,915	Est. pending	—	Strong Buy	View
MonroeMS	74	$155,544	Est. pending	—	Buy	View
AlcornMS	72	$169,240	Est. pending	—	Buy	View
LauderdaleMS	72	$122,775	$1,196	11.69%	Buy	View

The Bottom Line

Strong BuyLee is a strong buy market with excellent fundamentals for buy-and-hold investors.

Lee County in Mississippi scores 76/100, ranking #30 of 1,000 US counties (top 4%). The 7.98% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-180/mo

Cap Rate

5.2%

Cash-on-Cash

-4.8%

Ready to Analyze a Deal in Lee?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$195,376

Down Payment (20%)$39,075

Loan Amount$156,301

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,299

Monthly P&I-$1,024

Est. Expenses (35%)-$455

Net Cash Flow-$180/mo

5.2%

Cap Rate (all cash)

-4.8%

Cash-on-Cash Return

7.98%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

76/100

Cash Flow(30%)

80/100

Based on 7.98% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

89/100

Based on 5.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

85/100

Price-to-income ratio of 3.0x. Lower ratios indicate more affordable markets.

Compare to Nearby Counties

County					Verdict
CurrentLeeMS	76	$195,376	$1,299	7.98%	Strong Buy
HindsMS	76	$125,430	$1,343	12.85%	Strong Buy	View
ItawambaMS	76	$147,915	Est. pending	—	Strong Buy	View
MonroeMS	74	$155,544	Est. pending	—	Buy	View
AlcornMS	72	$169,240	Est. pending	—	Buy	View
LauderdaleMS	72	$122,775	$1,196	11.69%	Buy	View

The Bottom Line

Strong BuyLee is a strong buy market with excellent fundamentals for buy-and-hold investors.

Lee County in Mississippi scores 76/100, ranking #30 of 1,000 US counties (top 4%). The 7.98% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-180/mo

Cap Rate

5.2%

Cash-on-Cash

-4.8%