Mississippi
Covington County
ZIP 39479
18,226 residents0 permits TTM$47,001 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$98,500
ACS 5-Year
Cap rate proxy
7.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.3%
HUD FMR ÷ ACS HHI
Net migration
+1.06%
IRS SOI
Permits (TTM)
0
Census BPS
Climate risk
50.8
FEMA NRI (0–100)
ZIP 39479
Median home value
$194,652
Gross yield
5.2%
Cap rate
3.9%
Rent gap
24.1%
Affordability
P/I: 4.1R/I: —
Section 8 detail
SAFMR: $842Rent: $639Gap: 31.8%
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 39119 | $141,505 | $842 | 7.1% | 5.4% | 24.1% |
| 39428 | $156,558 | $842 | 6.5% | 4.9% | 24.1% |
| 39479 | $194,652 | $842 | 5.2% | 3.9% | 24.1% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
76.0%
Census ACS
Vacancy rate
15.3%
Census ACS
Bachelor's degree +
15.9%
Census ACS
Rent burdened
19.5%
Census ACS (>30% income)
Median age
37.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026