Real Estate Investing in Anguilla, Mississippi (38721)

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

Sharkey County • Population: 1,038 • Data updated: September 2026

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Should you buy in 38721 (Anguilla, MS)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

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
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.
  • Elevated poverty: 25.2% poverty rate — can affect rent collection.
  • Lower household income: $34,265 median — tenant affordability is tighter.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Anguilla, MS (38721)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $125,092
Avg Monthly Rent $819
1% Rule ✗ Does Not Meet
Median Income $34,265
% Renters 36.2%

Market Analysis: 38721 Anguilla

This part of Sharkey County is not an easy win. The 38721 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 38721 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 38721 sits on the difficult end of the MS spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

Demographically, 38721 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 38721 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Anguilla:

C Below Average
Buy Confidence Score: 50/100
Affordability
15/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Declining (-0.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $819/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$159K$150K$141K$132K$124K$115KFeb 2022May 2024Jul 2026

📊 How Does 38721 Compare?

Metric 38721 Anguilla Mississippi
Home Value $125,092 $125,092 $186,446
5-Year CAGR N/A N/A 4.0%
Avg Rent $819 $819 -
Cap Rate 5.1% 5.1% -
💡 Why Invest in 38721? Click to expand

A healthy rental market with 36% renter-occupied households ensures tenant availability.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 38721 (Anguilla, MS). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
5.1%
Fair

📊 Market Snapshot

Home Value $125,092
Monthly Rent $819
Price-to-Rent 12.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.9%
Cap Rate 5.1%
5-Year IRR 5.6%

📈 Home Appreciation

1-Year -0.9% ▼
3-Year CAGR +0.5% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
9.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 38721

Population: 1,038

💰 Median Household Income
$34,265
This area
$34,265
State
$48,827
USA
$74,580
🏠 Renter Occupied
36.2%
This area
36.2%
State
27.7%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-17.6%
USA
3.7%
🎓 College Educated
21.9%
This area
21.9%
State
-11.7%
USA
33.7%
👤 Median Age
43.2 years
This area
43.2 years
State
10.7 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
Black/African American 72.3%
White 26.4%
Other/Mixed 1.3%
👶 Under 18
18.9%
This area
18.9%
USA
22.0%
👴 65 and Over
17.7%
This area
17.7%
USA
17.3%
📊 Poverty Rate
25.2%
This area
25.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 38721

A Avg School Grade
1 Schools
14.6:1 Avg Class Size
$17,672 Avg Per Pupil

Schools in This ZIP Code

A Very Good

SOUTH DELTA MIDDLE SCHOOL

📚 06 – 08 Middle
👥
143 Students
👨‍🏫
14.6:1 Class Size
💰
$17,672 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What is the typical rental rate in Anguilla, MS?

Rent in Anguilla, MS is around $819/mo. The resulting rent-to-value relationship with $125K pricing is reasonable for most investor models.

What investment strategy works best in Anguilla, MS?

A careful cash-flow rentals with hands-on management strategy Anguilla, MS best. The market produces measured results for that approach at the $125K price point.

Is Anguilla, MS a smart market for rental property?

Yes - Anguilla, MS a 2.0/5 investability score. With $125K home prices against $819/mo monthly rent, the market delivers a reasonable entry point for new investors.

What is it like being a landlord in Anguilla, MS?

The landlord environment in Anguilla, MS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How deep is the rental pool in Anguilla, MS?

Anguilla, MS draws a reliable base of working renters. Demand at the $819/mo rent level is reasonable for standard single-family and small multi rentals.

You know 38721 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 38721 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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