Real Estate Investing in Durant, Mississippi (39063)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39063 (Durant, 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: 24.9% of homes vacant — above national norms.
- Declining values: -10.3% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 28.6% in the last year.
- Elevated poverty: 33.6% 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 Durant, MS (39063)?
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Market Analysis: 39063 Durant
The 39063 ZIP in Durant is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $57K are approachable, and upside sits in the rehab line.
BRRRR works in 39063 because the math supports it. Buy at $57K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Statewide, MS value-add investors migrate toward ZIPs with 39063's profile — older stock, soft but real rent growth, and $57K pricing that keeps rehab math workable.
The resident base in 39063 runs younger and more tenure-renter than county averages. 36% of 2,653 households lease, which is the demand source for post-rehab rent lifts.
ZIP 39063 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Durant:
Market Trends
Home Value History (with trend line)
📊 How Does 39063 Compare?
| Metric | 39063 | Durant | Jackson, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $57,185 | $57,185 | N/A | $186,446 |
| 5-Year CAGR | N/A | N/A | N/A | 4.0% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 12.2% | 12.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39063 (Durant, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $57,185 |
| Monthly Rent | $891 |
| Price-to-Rent | 5.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 18.7% |
| Cap Rate | 12.2% |
| 5-Year IRR | 1.9% |
📈 Home Appreciation
| 1-Year | -28.6% ▼ |
| 3-Year CAGR | -11.3% ▼ |
| 5-Year CAGR | -10.3% ▼ |
| 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 (12.2%) 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 39063
Population: 2,653
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 39063
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 2,013 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Durant, MS good for house hacking?
Durant, MS offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $891/mo rent level.
Can investors hit the 1% rule in Durant, MS?
With rents of $891/mo on $57K homes, Durant, MS close to the 1% rule for most properties. The actual rent-to-price ratio is 1.56%.
How much does a house cost in Durant, MS?
Median home price in Durant, MS is near $57K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
How strong is Durant, MS for real estate investors?
Investors tracking Durant, MS will find a 4.0/5 rating supported by $57K median home values and $891/mo rents. That profile suits long-term holders targeting consistent returns.
How strong are rents in Durant, MS?
Rent in Durant, MS is around $891/mo. The resulting rent-to-value relationship with $57K pricing is reasonable for most investor models.
You know 39063 now. You don’t know where it ranks.
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How 39063 ranks in Jackson, MS
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