ZIP 38641

ZIP 38641 is in the Memphis, TN-MS-AR market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 4.7%.

Median IRR

: 5.7%.

Median list price

: $315,000.

Appreciation

: 2.8%/yr .

Rent growth

: 3.1%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 38641

8860 Scenic Ridge Cv, Lake Cormorant, MS $405,000· 4 bd· 2.5 ba
5450 Dean Rd, Lake Cormorant, MS 38641 $514,900· 5 bd· 3 ba
7187 Austin Rd, Lake Cormorant, MS 38641 $399,000· 4 bd· 4 ba
209 American River Dr, Lake Cormorant, MS 38641 $240,000· 4 bd· 2 ba
875 Hazelwood Dr, Lake Cormorant, MS 38641 $480,900· 5 bd· 3 ba
3034 Leatherman Dr, Lake Cormorant, MS 38641 $315,000· 3 bd· 2 ba
12911 Star Landing Rd W, Lake Cormorant, MS 38641 $564,000· 5 bd· 2.5 ba
6678 Star Landing Rd, Lake Cormorant, MS 38641 $500,000· 4 bd· 3.5 ba
5405 Hazelwood Dr, Lake Cormorant, MS $500,300· 5 bd· 3 ba
3114 E Camilla Cir, Lake Cormorant, MS $312,500· 3 bd· 2 ba
8000 Austin Rd, Lake Cormorant, MS 38641 $1,175,000· 7 bd· 4.5 ba
6667 Star Landing Rd, Lake Cormorant, MS 38641 $550,000· 3 bd· 3.5 ba
6193 Nesbit Rd, Lake Cormorant, MS 38641 $395,000· 3 bd· 2.5 ba
440 Blue Lake Dr, Lake Cormorant, MS 38641 $399,900· 4 bd· 3.5 ba
10518 Camilla Cir S, Lake Cormorant, MS 38641 $309,500· 3 bd· 2 ba