Real Estate Investing in Soso, Mississippi (39480)
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Should you buy in 39480 (Soso, 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.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Soso, MS (39480)?
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Market Analysis: 39480 Soso
ZIP 39480 inside Jones County looks affordable on the surface — median value of $174K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $174K asset, 39480 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 39480 and stronger Soso ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 39480 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 39480 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Soso:
Market Trends
Home Value History (with trend line)
📊 How Does 39480 Compare?
| Metric | 39480 | Soso | Laurel, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $173,637 | $173,637 | N/A | $186,446 |
| 5-Year CAGR | 0.6% | 0.6% | N/A | 4.0% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39480 (Soso, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $173,637 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.5%). 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 39480
Population: 1,947
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
🎓 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
Is Soso, MS a smart market for rental property?
The 3.0/5 investability rating in Soso, MS reflects its $174K prices and $1,008/mo rents. Investors generally consider it a solid option within MS.
What do landlords charge for rent in Soso, MS?
Expect rents around $1,008/mo per month in Soso, MS. With home values at $174K, the yield math works out to reasonable levels for rental investors.
How deep is the rental pool in Soso, MS?
Expect a solid tenant pool in Soso, MS. The rental market absorbs $1,008/mo rents without meaningful friction.
How tight is the rental market in Soso, MS?
Vacancy risk in Soso, MS is elevated. That supports predictable cash flow for typical rental holds.
What are home prices like in Soso, MS?
Median home price in Soso, MS is near $174K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
You know 39480 now. You don’t know where it ranks.
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How 39480 ranks in Laurel, MS
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