Real Estate Investing in Ellisville, Mississippi (39437)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39437 (Ellisville, MS)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ellisville, MS (39437)?
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Market Analysis: 39437 Ellisville
The 39437 ZIP covers a section of Ellisville that demands careful diligence. Prices near $193K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 39437 can be a a viable market for hunting ground — but the discount at $193K reflects genuine risk that outside investors often underestimate.
ZIP 39437's metrics run below Jones County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 39437 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 39437 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 Ellisville:
Property Strategy for 39437
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $242,430 | $1,320 | 3.9% | +7.9% | $80,810 |
| 4BR | $316,115 | $1,370 | 3.1% | +7.2% | $79,029 |
Market Trends
Home Value History (with trend line)
📊 How Does 39437 Compare?
| Metric | 39437 | Ellisville | Laurel, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $192,798 | $192,798 | N/A | $186,446 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 4.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 39437 (Ellisville, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $192,798 |
| Monthly Rent | $927 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 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 (3.8%). 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 39437
Population: 12,287
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 39437
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 1,153 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Ellisville, MS?
Ellisville, MS home values average about $193K. That price point suits investors targeting rentals with $927/mo in monthly income.
How much rent can I charge in Ellisville, MS?
The typical rental in Ellisville, MS commands about $927/mo monthly. That rent profile consistent cash flow against the $193K purchase basis.
What is the typical renter like in Ellisville, MS?
The tenant pool in Ellisville, MS is solid, supported by local employment and population fundamentals. Rents of $927/mo are well-absorbed by the market.
Is Ellisville, MS landlord-friendly?
Rental owners in Ellisville, MS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How should investors approach Ellisville, MS?
The best-fit strategy in Ellisville, MS is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 39437 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39437 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 39437 ranks in Laurel, MS
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