RentYield Atlas

ZIP 38632 — Hernando, MS: rental yield & market data

Gross rental yield of 7.74% — ranked #23 of 46 Mississippi ZIP codes. June 2026 data.

Gross rental yield
7.74%
Home value
$350,476
Market rent / mo
$2,261
Price-to-rent
12.9

Trend

Metric1-year change5-year change
Home value+2.1% +20.5%
Market rent+3.6%

Metro: Memphis, TN-MS-AR · County: DeSoto County · Annual rent: $27,132

Comparable ZIP codes in Mississippi

Similar home values, sorted by yield — the cheapest way to see if 38632 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
38672SouthavenMS$336,137$2,3688.45%11.8+0.1%
39047BrandonMS$296,204$1,9037.71%13.0+1.9%
39042BrandonMS$288,829$1,7667.34%13.6+2.9%
39110MadisonMS$416,170$2,4226.98%14.3+1.0%
38654Olive BranchMS$337,646$1,8966.74%14.8+1.0%
39759StarkvilleMS$289,168$1,5636.48%15.4+1.9%
39157RidgelandMS$289,795$1,4516.01%16.6+2.1%
39232FlowoodMS$344,836$1,5155.27%19.0+1.7%

Top rental yields in all of Mississippi →

Full dataset — all 8,427 ZIP codes · $19 one-time

Screening more than one ZIP? Get every Mississippi ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.

Get the CSV — $19

Instant download after checkout · what's inside