Real Estate Investing in Hollandale, Mississippi (38748)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 38748 (Hollandale, MS)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.3% of homes vacant — above national norms.
- 1-year downturn: Values declined 6.5% in the last year.
- Elevated poverty: 25.5% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hollandale, MS (38748)?
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Market Analysis: 38748 Hollandale
Homes in the 38748 ZIP trade near $56K, a discount that has historically rewarded investors willing to renovate. Rent comps near $756/mo support the pro forma.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 38748 ZIP's older housing stock gives operators the opportunity set to execute.
Comparing Hollandale submarkets, ZIP 38748 offers an entry cost that most surrounding neighborhoods have moved past. The significant delta is the opportunity.
Residents in 38748 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
Flippers with local expertise can do well in 38748. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Hollandale:
Market Trends
Home Value History (with trend line)
📊 How Does 38748 Compare?
| Metric | 38748 | Hollandale | Greenville, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $55,890 | $55,890 | N/A | $186,446 |
| 5-Year CAGR | N/A | N/A | N/A | 4.0% |
| Avg Rent | $756 | $756 | N/A | - |
| Cap Rate | 10.6% | 10.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 38748 (Hollandale, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $55,890 |
| Monthly Rent | $756 |
| Price-to-Rent | 6.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.2% |
| Cap Rate | 10.6% |
| 5-Year IRR | 0.8% |
📈 Home Appreciation
| 1-Year | -6.5% ▼ |
| 3-Year CAGR | -9.8% ▼ |
| 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 |
The estimated cap rate (10.6%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 38748
Population: 3,047
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 38748
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.
Frequently Asked Questions
Does house hacking work in Hollandale, MS?
The an attractive house-hack environment in Hollandale, MS reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Does Hollandale, MS meet the 1% rule for rental property?
Hitting the 1% rule in Hollandale, MS is realistic given the 1.35% average rent-to-price. Most value-add properties push well above that line.
How strong is Hollandale, MS for real estate investors?
Our data puts Hollandale, MS at 4.0/5 for investability. Home prices of $56K and rents around $756/mo create a solid backdrop for investor activity.
Can you recycle capital via BRRRR in Hollandale, MS?
BRRRR in Hollandale, MS is a strong. The interplay of $56K values and $756/mo rents creates reasonable refinance conditions.
What investment strategy works best in Hollandale, MS?
A value-add and BRRRR deals strategy Hollandale, MS best. The market produces stable results for that approach at the $56K price point.
You know 38748 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 38748 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.
How 38748 ranks in Greenville, MS
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