Real Estate Investing in Stringer, Mississippi (39481)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39481 (Stringer, MS)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 25.4% 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 Stringer, MS (39481)?
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Market Analysis: 39481 Stringer
ZIP 39481 in Stringer, MS carries a notable set of headwinds. Home values near $158K and rents of $927/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $158K asset, 39481 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 39481 sits on the difficult end of the MS spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 39481 ZIP's population of 1,404 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategically, 39481 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 Stringer:
Market Trends
Home Value History (with trend line)
📊 How Does 39481 Compare?
| Metric | 39481 | Stringer | Laurel, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $158,035 | $158,035 | N/A | $186,446 |
| 5-Year CAGR | N/A | N/A | N/A | 4.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39481 (Stringer, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,035 |
| Monthly Rent | $927 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 3.8% |
📈 Home Appreciation
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | N/A |
| 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 (4.6%). 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 39481
Population: 1,404
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 39481
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
Frequently Asked Questions
What do landlords charge for rent in Stringer, MS?
Expect rents around $927/mo per month in Stringer, MS. With home values at $158K, the yield math works out to reasonable levels for rental investors.
What is the typical vacancy rate in Stringer, MS?
Occupancy in Stringer, MS runs reliable with elevated vacancy. Well-priced units at $927/mo lease on reasonable timelines.
How does Stringer, MS rate as a rental market?
Stringer, MS rates 2.0/5 for investability. With median values at $158K and rents near $927/mo, the market offers reasonable fundamentals for rental investors.
What is the typical home price in Stringer, MS?
In Stringer, MS the median home value sits at $158K. Against the broader MS market, that reads as reasonable for most investors.
How strong is tenant demand in Stringer, MS?
Stringer, MS draws a stable base of working renters. Demand at the $927/mo rent level is reasonable for standard single-family and small multi rentals.
You know 39481 now. You don’t know where it ranks.
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How 39481 ranks in Laurel, MS
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