Real Estate Investing in Purvis, Mississippi (39475)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39475 (Purvis, MS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Purvis, MS (39475)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 39475 Purvis
ZIP 39475 in Purvis, MS carries a resilient set of headwinds. Home values near $241K and rents of $940/mo sit inside a market where underwriting has to be tight.
Turning to rents, the numbers look inviting — $241K purchase price, 0.0% nominal cap — the work to hit that pro forma in 39475 is substantial and deserves full respect.
In the broader MS picture, 39475 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A substantial renter share of 24% in 39475 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. impressive returns are possible in 39475, 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 Purvis:
Property Strategy for 39475
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $237,595 | $1,330 | 4.0% | +7.9% | $79,198 |
| 5BR | $153,151 | — | — | +8.3% | $30,630 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39475 Compare?
| Metric | 39475 | Purvis | Hattiesburg, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $240,674 | $240,674 | N/A | $186,446 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 4.0% |
| Avg Rent | $940 | $940 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 39475 (Purvis, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $240,674 |
| Monthly Rent | $940 |
| Price-to-Rent | 21.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (3.1%). 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 39475
Population: 14,585
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 39475
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
Is Purvis, MS suited for a house hack?
Purvis, MS offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $940/mo rent level.
How high is vacancy risk in Purvis, MS?
Occupancy in Purvis, MS runs reliable with elevated vacancy. Well-priced units at $940/mo lease on reasonable timelines.
What is the renter demographic in Purvis, MS?
The tenant pool in Purvis, MS is solid, supported by local employment and population fundamentals. Rents of $940/mo are well-absorbed by the market.
What do landlords charge for rent in Purvis, MS?
Average rent in Purvis, MS is approximately $940/mo per month. Against $241K home values that yields a reasonable rent-to-price ratio.
Does Purvis, MS favor landlords or tenants?
MS ranks as a landlord-friendly state for landlord-tenant law. Purvis generally follows the statewide framework, so landlords face reasonable operating rules.
You know 39475 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39475 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 39475 ranks in Hattiesburg, MS
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