Real Estate Investing in Chunky, Mississippi (39323)
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Should you buy in 39323 (Chunky, 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.
- Declining values: -0.4% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chunky, MS (39323)?
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Market Analysis: 39323 Chunky
The 39323 ZIP covers a section of Chunky that demands careful diligence. Prices near $152K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 39323 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Meanwhile, 39323 offers a low basis, the region around Chunky has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 39323 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 39323 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Chunky:
Market Trends
Home Value History (with trend line)
📊 How Does 39323 Compare?
| Metric | 39323 | Chunky | Meridian, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $151,808 | $151,808 | N/A | $186,446 |
| 5-Year CAGR | N/A | N/A | N/A | 4.0% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 5.7% | 5.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39323 (Chunky, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $151,808 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | -0.4% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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 39323
Population: 1,099
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,187 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which investment style suits Chunky, MS?
A careful cash-flow rentals with hands-on management strategy Chunky, MS best. The market produces measured results for that approach at the $152K price point.
How deep is the rental pool in Chunky, MS?
Expect a solid tenant pool in Chunky, MS. The rental market absorbs $1,116/mo rents without meaningful friction.
Where do home prices stand in Chunky, MS?
Chunky, MS median home values land near $152K. That is reasonable territory for investors looking at $1,116/mo-per-month rentals.
What kind of market is Chunky, MS for investors?
Our data puts Chunky, MS at 3.0/5 for investability. Home prices of $152K and rents around $1,116/mo create a solid backdrop for investor activity.
Is house hacking profitable in Chunky, MS?
House hacking works a challenging in Chunky, MS. Rents of $1,116/mo against $152K acquisition make the strategy solid for owner-occupants.
You know 39323 now. You don’t know where it ranks.
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How 39323 ranks in Meridian, MS
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