Real Estate Investing in Meridian, Mississippi (39301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39301 (Meridian, 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: 18.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.5% CAGR).
What’s happening in Meridian, MS (39301)?
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Market Analysis: 39301 Meridian
Homes in the 39301 ZIP trade near $95K, a discount that has historically rewarded investors willing to renovate. Rent comps near $1,774/mo support the pro forma.
In 39301, the deal is made on the buy and on the capex. significant entry prices of $95K leave room in the budget for light-to-medium renovation, with rent lift to match.
Comparing Meridian submarkets, ZIP 39301 offers an entry cost that most surrounding neighborhoods have moved past. The impressive delta is the opportunity.
The 39301 ZIP's demographic trend has been one of stability with upside — population of 21,184, steady renter share, and an incoming cohort that is willing to pay for improved units.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Meridian:
Property Strategy for 39301
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $36,614 | $900 | 17.7% | -0.5% | $18,307 |
| 3BR | $92,730 | $1,200 | 9.3% | +2.5% | $30,910 |
| 4BR | $157,100 | $1,270 | 5.8% | +3.2% | $39,275 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39301 Compare?
| Metric | 39301 | Meridian | Meridian, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $95,348 | $86,923 | N/A | $186,446 |
| 5-Year CAGR | 0.5% | 2.2% | N/A | 4.0% |
| Avg Rent | $1,774 | $1,215 | N/A | - |
| Cap Rate | 14.5% | 9.7% | - | - |
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 39301 (Meridian, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $95,348 |
| Monthly Rent | $1,774 |
| Price-to-Rent | 4.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 22.3% |
| Cap Rate | 14.5% |
| 5-Year IRR | 15.0% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +0.5% ▲ |
| 10-Year CAGR | -0.3% ▼ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (14.5%) 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 39301
Population: 21,184
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 39301
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 751 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Meridian, MS?
With a 4.0/5 investability score, Meridian, MS ranks as a solid market for rental property investors. Median prices of $95K and rents of $1,774/mo drive the underlying numbers.
Can I house hack in Meridian, MS?
House hacking in Meridian, MS is an attractive. With home values around $95K and rents at $1,774/mo, owner-occupants can offset a meaningful share of PITI.
What do rentals go for in Meridian, MS?
Meridian, MS rentals go for roughly $1,774/mo a month. That puts gross yield in solid territory relative to $95K acquisition costs.
Does the 1% rule work in Meridian, MS?
Yes, many Meridian, MS properties clear the 1% rule. The rent-to-price ratio averages 1.86%, supported by $1,774/mo rents.
Which investment style suits Meridian, MS?
In Meridian, MS the resilient play is typically value-add and BRRRR deals. The combination of $95K prices and $1,774/mo rents suits that approach.
You know 39301 now. You don’t know where it ranks.
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How 39301 ranks in Meridian, MS
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