Real Estate Investing in Mooreville, Mississippi (38857)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38857 (Mooreville, MS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Higher unemployment: 8.0% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mooreville, MS (38857)?
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Market Analysis: 38857 Mooreville
Investors eyeing 38857 need to respect the fundamentals at play. Home values of $229K come alongside slower price movement and elevated management overhead.
From an investor standpoint, the numbers look inviting — $229K purchase price, 0.0% nominal cap — the work to hit that pro forma in 38857 is substantial and deserves full respect.
Within MS, ZIP 38857 trails on several market indicators that neighboring Lee County submarkets outperform. The gap is real and solid enough to shape underwriting.
A healthy renter share of 17% in 38857 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 38857 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Mooreville:
Market Trends
Home Value History (with trend line)
📊 How Does 38857 Compare?
| Metric | 38857 | Mooreville | Tupelo, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $228,732 | $228,732 | N/A | $186,446 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 4.0% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38857 (Mooreville, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $228,732 |
| Monthly Rent | $891 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 38857
Population: 4,403
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 38857
Schools in This ZIP Code
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 784 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Mooreville, MS?
In Mooreville, MS the durable play is typically careful cash-flow rentals with hands-on management. The combination of $229K prices and $891/mo rents suits that approach.
How much rent can I charge in Mooreville, MS?
Rents in Mooreville, MS run near $891/mo. Compared with median home prices of $229K that produces solid gross yields for typical rentals.
How quickly do rentals get leased in Mooreville, MS?
Mooreville, MS carries elevated vacancy risk. Expect steady absorption at market rents of $891/mo.
How deep is the rental pool in Mooreville, MS?
Expect a solid tenant pool in Mooreville, MS. The rental market absorbs $891/mo rents without meaningful friction.
Is MS a landlord-friendly state?
The landlord environment in Mooreville, MS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 38857 now. You don’t know where it ranks.
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How 38857 ranks in Tupelo, MS
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