Real Estate Investing in Schlater, Mississippi

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

1 ZIP codes • Population: 365 • Leflore County

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

🏠 For Homebuyers
CAUTION
Grade D (51/100)

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

📈 For Investors
WEAK
2.0 / 5 (38/100)

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
3 flags
  • High vacancy: 35.0% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).
  • 1-year downturn: Values declined 8.0% in the last year.

What’s happening in Schlater, MS?

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2.0/ 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 $125,342
Avg Monthly Rent $765
ZIP Codes 1

Investing in Schlater Real Estate

Schlater in Mississippi is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Across Schlater's 1 ZIPs, fundamentals run tepid: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Transaction volume in Schlater has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Demographics in Schlater show real pressure — median income of $N/AK is thin relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Greenwood, MS

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

Cash Flow → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Schlater, MS. Anonymous, moderated, never written by AI.

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Avg Home Value
$125,342
Avg Monthly Rent
$765
1% Rule
✗ Below
Landlord Friendly (MS)

📉 Market Crash Risk Index

Based on Greenwood, MS metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Greenwood, MS metro
0
Days to pending
1.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Schlater, MS

Screen every ZIP in Schlater

Filter Schlater’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 Schlater, MS

How strong is Schlater, MS for real estate investors?

Investors tracking Schlater, MS will find a 2.0/5 rating supported by $125K median home values and $765/mo rents. That profile suits long-term holders targeting measured returns.

Is the tenant base reliable in Schlater, MS?

Tenant quality in Schlater, MS ranks as solid. Landlords generally report steady occupancy at market rents of $765/mo.

What do rentals go for in Schlater, MS?

Schlater, MS rentals go for roughly $765/mo a month. That puts gross yield in solid territory relative to $125K acquisition costs.

What is the best play in Schlater, MS?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Schlater, MS. The numbers - $125K homes against $765/mo rents - support that play.

Do rentals sit vacant long in Schlater, MS?

Occupancy in Schlater, MS runs consistent with elevated vacancy. Well-priced units at $765/mo lease on reasonable timelines.

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