DSCR Loans in Mississippi

Mississippi's ultra-affordable housing and low property taxes produce some of the highest DSCR ratios in the country for cash-flow-focused investors.

$175K
Median Home Price
$1,100/mo
Median Monthly Rent
1.32x
Est. DSCR at Median
70+
Lenders in Network
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MARKET OVERVIEW

Mississippi DSCR Loan Market

Mississippi offers the most affordable entry points in the country for DSCR investors. The combination of ultra-low home prices, low property taxes (0.67%), and landlord-friendly laws produces some of the highest DSCR ratios available. Jackson is the largest market, while Gulfport and the Gulf Coast offer tourism-adjacent rental demand. The state's military installations (Keesler AFB, Camp Shelby) create reliable tenant bases. While appreciation potential is more modest than growth states, Mississippi excels at one thing: cash flow from day one.

LANDLORD-FRIENDLY STATE

Top Investor Cities

  • Jackson
  • Gulfport
  • Hattiesburg
Effective Property Tax Rate
0.67%

Monthly tax on $175,000 property: $98/mo

REQUIREMENTS

DSCR Loan Requirements in Mississippi

Licensing & Regulatory

Loans in Mississippi are originated by [Broker D], NMLS# [XXXXXX], licensed in Mississippi.

All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.

Common Property Types

  • Single-Family Rentals
  • Small Multifamily (2-4 Units)

Down Payment & LTV

  • Standard DSCR: 20% minimum down (80% LTV)
  • No-Ratio DSCR: 30% minimum down (70% LTV)
  • 30%+ down unlocks No-Ratio DSCR programs and broader lender access

Appraisal & Rent Schedule

  • Form 1007 rent schedule required with appraisal
  • Appraisal estimates market rent for DSCR calculation
  • STR properties: AirDNA projected income accepted

DEAL EXAMPLE

Sample DSCR Deal in Gulfport, Mississippi

Single-Family Rental

Gulfport, Mississippi

DSCR
Purchase Price $185,000
Down Payment 25% ($46,250)
Loan Amount $138,750
Loan Type 30-Year Fixed DSCR

Monthly Breakdown

Principal & Interest $923
Property Tax $103
Insurance $185
Total PITIA $1,211
Monthly Rent $1,250
DSCR Ratio
1.03x
Monthly Cash Flow
+$39
Close Time
23 days
DSCR = $1,250 ÷ $1,211 = 1.03x

This borrower closed in 23 days with no income verification, no tax returns, and no employment check.

Results may vary. This is a representative example, not a guarantee of future performance.

This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.

FREQUENTLY ASKED

DSCR Loan Questions for Mississippi Investors

DSCR loans in Mississippi require a minimum 660 credit score, 20% minimum down payment, and non-owner-occupied status. No income docs or tax returns needed. Mississippi's low prices mean some properties may fall near minimum loan amount thresholds ($75K) for certain lenders.

Rates start from 5.99% for 740+ FICO with 35%+ down. Most Mississippi investors see rates between 6.50% and 7.75%.

Yes. Mississippi's Gulf Coast (Gulfport, Biloxi) attracts tourism and STR demand. Our STR DSCR program allows projected income to qualify.

Mississippi's effective property tax rate is approximately 0.67%, well below the national average. On a $185,000 property, that's only about $103/month. Combined with low home prices, this produces some of the strongest DSCR ratios in the country.

Yes. DSCR loans have no owner-occupancy requirement. Mississippi's landlord-friendly laws and affordable prices attract investors looking for pure cash flow.

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Loans in Mississippi are originated by [Broker D], NMLS# [XXXXXX], licensed in Mississippi. is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.