Real Estate Investing in Hattiesburg, Mississippi (39401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39401 (Hattiesburg, MS)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
- Elevated poverty: 25.4% poverty rate — can affect rent collection.
- Lower household income: $36,552 median — tenant affordability is tighter.
What’s happening in Hattiesburg, MS (39401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 39401 Hattiesburg
The 39401 ZIP covers a section of Hattiesburg that demands careful diligence. Prices near $145K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 39401 can be a a solid fit for hunting ground — but the discount at $145K reflects genuine risk that outside investors often underestimate.
The gap between 39401 and stronger Hattiesburg ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A healthy renter share of 59% in 39401 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Hattiesburg's stable or hybrid ZIPs before stepping into 39401. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hattiesburg:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39401 Compare?
| Metric | 39401 | Hattiesburg | Hattiesburg, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $145,492 | $84,874 | N/A | $186,446 |
| 5-Year CAGR | 1.0% | 2.6% | N/A | 4.0% |
| Avg Rent | $1,071 | $1,281 | N/A | - |
| Cap Rate | 5.7% | 5.0% | - | - |
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 39401 (Hattiesburg, MS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 39401 (Hattiesburg, MS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $145,492 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +2.8% ▲ |
🏠 Rent Trends
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 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 39401
Population: 41,916
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 39401
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 681 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What type of investing works in Hattiesburg, MS?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hattiesburg, MS. The numbers - $145K homes against $1,071/mo rents - support that play.
What are home prices like in Hattiesburg, MS?
Hattiesburg, MS home values average about $145K. That price point suits investors targeting rentals with $1,071/mo in monthly income.
What is the typical vacancy rate in Hattiesburg, MS?
Vacancy in Hattiesburg, MS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,071/mo.
What is the renter demographic in Hattiesburg, MS?
Hattiesburg, MS draws a reliable base of working renters. Demand at the $1,071/mo rent level is reasonable for standard single-family and small multi rentals.
Is Hattiesburg, MS a good market for buy-and-hold investors?
Hattiesburg, MS stands at an investability rating of 3.0/5, with median home values near $145K and average rents around $1,071/mo. That combination puts it in the robust tier for investor interest.
You know 39401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39401 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 39401 ranks in Hattiesburg, MS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 39401 (Hattiesburg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 39401 (Hattiesburg, MS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.