Real Estate Investing in Meridian, Mississippi (39307)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39307 (Meridian, MS)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.3% of homes vacant — above national norms.
- Elevated poverty: 36.7% poverty rate — can affect rent collection.
- Lower household income: $23,917 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Meridian, MS (39307)?
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Market Analysis: 39307 Meridian
The 39307 ZIP clocks in at an solid value-add profile — below-median pricing at $62K, a renter base of 50%, and room for operational improvement.
ZIP 39307 favors investors with a contractor on speed dial. From a cash-flow lens, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $810/mo average.
Statewide, MS value-add investors migrate toward ZIPs with 39307's profile — older stock, soft but real rent growth, and $62K pricing that keeps rehab math workable.
Stepping back, incomes in 39307 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
BRRRR is the most natural fit. Buy under $62K, rehab, refinance, and the capital recycles in a way turnkey markets cannot replicate.
Here's what matters if you're considering buying a home in Meridian:
Property Strategy for 39307
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $37,574 | $900 | 17.2% | +3.8% | $18,787 |
| 3BR | $62,439 | $1,200 | 13.8% | +5.2% | $20,813 |
| 4BR | $82,166 | $1,270 | 11.1% | +4.4% | $20,541 |
Market Trends
Home Value History (with trend line)
📊 How Does 39307 Compare?
| Metric | 39307 | Meridian | Meridian, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $61,883 | $86,923 | N/A | $186,446 |
| 5-Year CAGR | 3.0% | 2.2% | N/A | 4.0% |
| Avg Rent | $810 | $1,215 | N/A | - |
| Cap Rate | 10.2% | 9.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39307 (Meridian, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $61,883 |
| Monthly Rent | $810 |
| Price-to-Rent | 6.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.7% |
| Cap Rate | 10.2% |
| 5-Year IRR | 13.2% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +1.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.2%) 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 39307
Population: 15,636
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 39307
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 average monthly rent in Meridian, MS?
Rent in Meridian, MS is around $810/mo. The resulting rent-to-value relationship with $62K pricing is reasonable for most investor models.
Does rental property in Meridian, MS pass the 1% rule?
Meridian, MS delivers a 1.31% rent-to-price ratio on average. Investors targeting the 1% rule will find solid opportunities.
How much does a house cost in Meridian, MS?
Homes in Meridian, MS typically sell near $62K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
How does Meridian, MS stack up for property investment?
Meridian, MS clocks in at an investability rating of 5.0/5, with median home values near $62K and average rents around $810/mo. That combination puts it in the robust tier for investor interest.
Does the BRRRR strategy work in Meridian, MS?
Investors running BRRRR in Meridian, MS see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
You know 39307 now. You don’t know where it ranks.
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How 39307 ranks in Meridian, MS
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