Real Estate Investing in Laurel, Mississippi (39440)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39440 (Laurel, 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: 17.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
- Elevated poverty: 25.8% poverty rate — can affect rent collection.
- Lower household income: $38,400 median — tenant affordability is tighter.
What’s happening in Laurel, MS (39440)?
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Market Analysis: 39440 Laurel
Within Jones County, the 39440 ZIP clocks in at a lower entry point around $109K. Put differently, operators who can improve stock here typically see outsized uplift.
BRRRR works in 39440 because the math supports it. Buy at $109K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Regionally, 39440 sits on the affordable end of the Jones County map. Stepping back, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
The 39440 ZIP's demographic trend has been one of stability with upside — population of 20,111, steady renter share, and an incoming cohort that is willing to pay for improved units.
Flippers with local expertise can do well in 39440. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Laurel:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39440 Compare?
| Metric | 39440 | Laurel | Laurel, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $109,445 | $141,317 | N/A | $186,446 |
| 5-Year CAGR | 1.0% | 1.4% | N/A | 4.0% |
| Avg Rent | $1,271 | $1,036 | N/A | - |
| Cap Rate | 9.1% | 6.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39440 (Laurel, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $109,445 |
| Monthly Rent | $1,271 |
| Price-to-Rent | 7.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.9% |
| Cap Rate | 9.1% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +2.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.1%) 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 39440
Population: 20,111
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 39440
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
How does Laurel, MS stack up for property investment?
With a 4.0/5 investability score, Laurel, MS ranks as a solid market for rental property investors. Median prices of $109K and rents of $1,271/mo drive the underlying numbers.
How viable is house hacking in Laurel, MS?
Laurel, MS offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,271/mo rent level.
What type of investing works in Laurel, MS?
Most investors in Laurel, MS run a value-add and BRRRR deals strategy. It aligns with the 4.0/5 investability profile and the market fundamentals.
Is Laurel, MS good for BRRRR investors?
Operators BRRRR-ing in Laurel, MS report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
How much is rent in Laurel, MS?
Rental rates in Laurel, MS average $1,271/mo. Tenant demand and $109K home values make the yield look reasonable by investor standards.
You know 39440 now. You don’t know where it ranks.
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How 39440 ranks in Laurel, MS
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