Real Estate Investing in Lucedale, Mississippi (39452)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39452 (Lucedale, MS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.6% 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 Lucedale, MS (39452)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 39452 Lucedale
ZIP 39452 in Lucedale, MS carries a sturdy set of headwinds. Home values near $217K and rents of $891/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 39452 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Looking more closely, 39452 offers a low basis, the region around Lucedale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A robust renter share of 18% in 39452 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 39452 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 Lucedale:
Property Strategy for 39452
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $130,453 | $990 | 5.5% | +8.0% | $65,226 |
| 3BR | $210,207 | $1,320 | 4.5% | +7.6% | $70,069 |
| 4BR | $284,691 | $1,650 | 4.2% | +7.1% | $71,173 |
Market Trends
Home Value History (with trend line)
📊 How Does 39452 Compare?
| Metric | 39452 | Lucedale | Gulfport-Biloxi, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $216,738 | $216,738 | N/A | $186,446 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 4.0% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 39452 (Lucedale, MS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 39452 (Lucedale, MS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $216,738 |
| Monthly Rent | $891 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 39452
Population: 28,891
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 39452
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
Do rentals sit vacant long in Lucedale, MS?
Expect elevated vacancy in Lucedale, MS. Rents at $891/mo are absorbed by the tenant base without meaningful lag.
Are landlord laws favorable in Lucedale, MS?
Lucedale, MS operates under MS law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
Is Lucedale, MS better for rentals, flips, or BRRRR?
For Lucedale, MS, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is house hacking profitable in Lucedale, MS?
House hacking in Lucedale, MS is reasonable to execute. Prices around $217K and rents of $891/mo solid owner-occupant economics.
How do home values compare in Lucedale, MS?
In Lucedale, MS the median home value sits at $217K. Against the broader MS market, that reads as reasonable for most investors.
You know 39452 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39452 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 39452 ranks in Gulfport-Biloxi, MS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 39452 (Lucedale)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 39452 (Lucedale, MS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.