Real Estate Investing in Quitman, Mississippi (39355)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39355 (Quitman, 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: 20.4% of homes vacant — above national norms.
- Declining values: -1.6% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 3.2% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Quitman, MS (39355)?
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Market Analysis: 39355 Quitman
ZIP 39355 in Quitman, MS carries a significant set of headwinds. Home values near $100K and rents of $891/mo sit inside a market where underwriting has to be tight.
The investment case in 39355 is healthy only for operators who understand what they are buying. A $100K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 39355 and stronger Quitman ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A robust renter share of 16% in 39355 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. significant returns are possible in 39355, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Quitman:
Market Trends
Home Value History (with trend line)
📊 How Does 39355 Compare?
| Metric | 39355 | Quitman | Meridian, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $100,299 | $100,299 | N/A | $186,446 |
| 5-Year CAGR | N/A | N/A | N/A | 4.0% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 6.9% | 6.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39355 (Quitman, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $100,299 |
| Monthly Rent | $891 |
| Price-to-Rent | 9.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.7% |
| Cap Rate | 6.9% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | -3.5% ▼ |
| 5-Year CAGR | -1.6% ▼ |
| 10-Year CAGR | +1.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 39355
Population: 6,056
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 39355
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.
Frequently Asked Questions
What approach is best for Quitman, MS real estate?
Most investors in Quitman, MS run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What kind of tenants rent in Quitman, MS?
Expect a solid tenant pool in Quitman, MS. The rental market absorbs $891/mo rents without meaningful friction.
What are home prices like in Quitman, MS?
Expect median prices around $100K in Quitman, MS. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
How viable is house hacking in Quitman, MS?
House hacking in Quitman, MS is reasonable to execute. Prices around $100K and rents of $891/mo solid owner-occupant economics.
How strong is Quitman, MS for real estate investors?
Yes - Quitman, MS a 3.0/5 investability score. With $100K home prices against $891/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 39355 now. You don’t know where it ranks.
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How 39355 ranks in Meridian, MS
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