Is Picayune, MS a good place to invest in rental property?

Picayune, MS has a median modeled monthly cash flow of $-557 and a median cap rate of 3.4%, on a median sold price of $218,100. Prices changed -2.5% year over year.

What is the average cap rate in Picayune, MS?

The median cap rate across recently sold homes in Picayune, MS is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Picayune, MS?

The median sold price in Picayune, MS is $218,100 (about $139 per square foot).

Investing in Picayune, MS Real Estate

A data-driven snapshot of the Picayune, MS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$218,100Median sold price

$139Median $/sqft

3.4%Median cap rate

$-557Modeled cash flow / mo

-2.5%Appreciation YoY

22.0Months of supply

266Active listings

145Sold (last 12 mo)

What the Picayune numbers say

In Picayune, MS, the median home sold for $218,100 (about $139 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-557 of monthly cash flow. Sold prices moved -2.5% over the past year. Inventory sits at about 22.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Mississippi markets to compare

See Picayune cash-flowing listings

CashFlowRE ranks every for-sale home in Picayune, MS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Picayune deals, or browse the national market data.