Real Estate Investing in Goodman, Mississippi

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,448 • Holmes County

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Should you buy in Goodman, MS? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
5 flags
  • High vacancy: 19.1% of homes vacant — above national norms.
  • Declining values: -6.0% 5-year CAGR — values have moved lower.
  • 1-year downturn: Values declined 15.2% in the last year.
  • Elevated poverty: 34.3% poverty rate — can affect rent collection.

What’s happening in Goodman, MS?

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4.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $71,694
Avg Monthly Rent $756
ZIP Codes 1

Investing in Goodman Real Estate

Goodman holds about a sizable population across 1 ZIPs, and its value-add reputation in Mississippi rests on a wide spread between distressed and stabilized comps.

Cap rates of 0.0% on stabilized product understate the returns available in Goodman for investors willing to renovate. Looking more closely, execution risk is real and should be underwritten accordingly.

Rent growth in Goodman is modest at the aggregate level but strong inside specific segments — namely units that have been brought up to current standards. That delta is the investor thesis.

Goodman houses a sizable population with a median income of $N/AK, and that income profile is what enables the after-renovation rent premiums value-add investors target.

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Best ZIP codes in Jackson, MS

Goodman is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Avg Home Value
$71,694
Avg Monthly Rent
$756
1% Rule
✓ Passes
Landlord Friendly (MS)

📉 Market Crash Risk Index

Based on Jackson, MS metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
62%
Days Pending
1/2
53 days

View all metro crash risk rankings →

⚖️ Balanced Market — Jackson, MS metro
53
Days to pending
7.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Goodman

1 College 4,959 Students 2,013 Off-Campus Renters
C+
Holmes Community College
2-Year Public · 4,959 students
📍 ~2,013 students rent off-campus

Investor Insight: With 2,013 students living off-campus, Goodman has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Goodman, MS

Screen every ZIP in Goodman

Filter Goodman’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Goodman, MS

Are rents high in Goodman, MS?

Average rent in Goodman, MS is approximately $756/mo per month. Against $72K home values that yields a reasonable rent-to-price ratio.

Can investors hit the 1% rule in Goodman, MS?

With rents of $756/mo on $72K homes, Goodman, MS close to the 1% rule for most properties. The actual rent-to-price ratio is.

What investment strategy works best in Goodman, MS?

Investors usually favor value-add and BRRRR deals in Goodman, MS. With home values at $72K and rents near $756/mo, other strategies can work but produce steady rather than outsized returns.

How do BRRRR numbers look in Goodman, MS?

Yes - BRRRR is a strong in Goodman, MS. The $72K home values and $756/mo rents anchor the refinance math.

How viable is house hacking in Goodman, MS?

Goodman, MS offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $756/mo rent level.

Community Ratings

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