Real Estate Investing in Ridgeland, Mississippi (39157)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39157 (Ridgeland, 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.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
What’s happening in Ridgeland, MS (39157)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 39157 Ridgeland
This part of Madison County is not an easy win. The 39157 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $289K asset, 39157 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 39157's metrics run below Madison County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 39157 ZIP's population of 24,547 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
New investors are better served looking at Ridgeland's stable or hybrid ZIPs before stepping into 39157. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Ridgeland:
Property Strategy for 39157
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,379 | $1,440 | 6.1% | +5.9% | $85,190 |
| 3BR | $233,607 | $1,730 | 5.3% | +6.5% | $77,869 |
| 4BR | $435,562 | $1,910 | 3.2% | +6.8% | $108,890 |
| 5BR | $814,463 | — | — | +6.3% | $162,893 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39157 Compare?
| Metric | 39157 | Ridgeland | Jackson, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $289,276 | $289,276 | N/A | $186,446 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 4.0% |
| Avg Rent | $1,471 | $1,471 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 39157 (Ridgeland, MS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 39157 (Ridgeland, MS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $289,276 |
| Monthly Rent | $1,471 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +1.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 39157
Population: 24,547
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 39157
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
Frequently Asked Questions
What is the typical rental rate in Ridgeland, MS?
Rent in Ridgeland, MS is around $1,471/mo. The resulting rent-to-value relationship with $289K pricing is reasonable for most investor models.
Is Ridgeland, MS a friendly market for rental owners?
Rental owners in Ridgeland, MS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How quickly do rentals get leased in Ridgeland, MS?
Vacancy in Ridgeland, MS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,471/mo.
What does house hacking look like in Ridgeland, MS?
House hacking in Ridgeland, MS is reasonable to execute. Prices around $289K and rents of $1,471/mo solid owner-occupant economics.
How does Ridgeland, MS rate as a rental market?
Our data puts Ridgeland, MS at 3.0/5 for investability. Home prices of $289K and rents around $1,471/mo create a solid backdrop for investor activity.
You know 39157 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39157 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 39157 ranks in Jackson, MS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 39157 (Ridgeland)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 39157 (Ridgeland, MS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.