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✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates

Mississippi DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 5.80%

Rental property financing for Mississippi investors qualified on property cash flow, not personal income, W-2s, or tax returns. Serving Jackson, Gulfport, Southaven and the rest of Mississippi. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • Credit is lender underwriting
  • Best-tier from 5.80%
  • 21–30 day close

Indicative as of August 1, 2026. Not a quote. Lenders set final pricing at underwriting.

See If You QualifyCalculate Your DSCR

Can I get a DSCR rental loan in Mississippi?

Yes. DSCR loans in Mississippi qualify investors based on property cash flow with a 1.2 DSCR minimum. Credit and equity injection are lender underwriting. PeerSense does not set a FICO floor. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Governed best-tier floor 5.80% from rate-floors.json.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated August 1, 2026.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Mississippi Rental Market Snapshot

State-level data DSCR underwriters use to size Mississippi rental deals.

Median Home Price
$175K
Statewide single-family
Gross Rental Yield
8.0–11.0%
Annual rent / price
Eviction Timeline
30–45 days
landlord-friendly
Rate Adjustment
+0.125% on Gulf Coast
vs national baseline

Mississippi is one of the highest cap-rate DSCR markets in the country. Median home prices below $200K and rents that scale near 1% of value produce 1.4+ DSCR coverage with relative ease. Jackson, Southaven (Memphis-suburb), and Hattiesburg offer the deepest deal flow. Coastal insurance is the main DSCR-denominator drag in Gulfport/Biloxi.

Major Mississippi Markets We Serve

Active DSCR deal flow across Mississippi's core rental markets. Same DSCR math statewide. Credit and equity injection are lender underwriting.

MetroMedian PriceGross YieldDSCR Investor Notes
Jackson$165K9.0–11.0%Largest MS market, state capital, BRRRR-friendly inventory
Gulfport$235K7.5–9.5%Coastal STR + military demand, higher insurance loadings
Southaven$245K7.0–8.5%Memphis suburb, growing in-migration, family LTR demand
Mississippi investor note:Mississippi has no statewide rent control and one of the most landlord-favoring legal frameworks in the US. Gulf Coast (Gulfport, Biloxi) STR markets pay higher insurance loadings.

Mississippi Eviction Timeline & Landlord Posture

How Mississippi courts handle non-payment evictions, material to DSCR loss-severity assumptions.

Posture
landlord-friendly
Typical Timeline
30–45 days
Rent Control
None / preempted

Mississippi Code § 89-7 allows a 3-day notice for non-payment. Justice court eviction hearings are typically held within 7 days of service. Among the fastest landlord-remedy states in the country.

Mississippi Rate Adjustment vs National Baseline

+0.125% on Gulf Coastover national baseline pricing

Coastal hurricane/flood insurance loadings raise PITIA; interior MS prices on national non-QM curves.

Final pricing depends on DSCR, LTV, property type, and program. Credit is lender underwriting. Governed best-tier floor 5.80% from rate-floors.json as of August 1, 2026.

DSCR Lenders Active in Mississippi

The non-bank DSCR programs we see most frequently funding Mississippi rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.

  • Kiavi
  • Visio Lending
  • Lima One
  • RCN Capital
  • Easy Street Capital

PeerSense is independent, not a lender. Lenders listed are programs we have funded Mississippi deals through; specific terms vary by file.

Mississippi DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ exists on specialty programs. Credit and equity are lender underwriting.
CreditLender underwritingPeerSense does not set a FICO floor. Capture the score on the form.
EquityLender underwritingPurchase DSCR is commonly structured around 65 to 75% LTV. PeerSense does not set a typical down.
Property Type1–4 units or multifamilyCondos, townhomes, STRs OK where legal
Income DocsNoneNo tax returns, W-2s, DTI check
Reserves6 months PITIAChecking, savings, stocks qualify
Close Time21–30 daysCash-out refi: 14–21 days

Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Get Mississippi DSCR Loan Terms

DSCR Rental: Response within 24–48 hours. No obligation.

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