Real Estate Investing in Biloxi, Mississippi (39531)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39531 (Biloxi, MS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.2% of homes vacant — above national norms.
What’s happening in Biloxi, MS (39531)?
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Market Analysis: 39531 Biloxi
The 39531 ZIP covers a section of Biloxi that demands careful diligence. Prices near $210K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 39531 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader MS picture, 39531 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 39531 ZIP's population of 19,045 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 39531, 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 Biloxi:
Property Strategy for 39531
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $177,040 | $1,140 | 4.6% | +7.3% | $88,520 |
| 3BR | $184,837 | $1,470 | 5.7% | +6.0% | $61,612 |
| 4BR | $307,821 | $1,610 | 3.8% | +4.9% | $76,955 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 39531 Compare?
| Metric | 39531 | Biloxi | Gulfport-Biloxi, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $209,683 | $160,640 | N/A | $186,446 |
| 5-Year CAGR | 4.9% | 4.2% | N/A | 4.0% |
| Avg Rent | $1,259 | $1,320 | N/A | - |
| Cap Rate | 4.7% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39531 (Biloxi, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $209,683 |
| Monthly Rent | $1,259 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | -6.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 39531
Population: 19,045
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 39531
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
Are homes affordable in Biloxi, MS?
Biloxi, MS home values average about $210K. That price point suits investors targeting rentals with $1,259/mo in monthly income.
How deep is the rental pool in Biloxi, MS?
The tenant pool in Biloxi, MS is solid, supported by local employment and population fundamentals. Rents of $1,259/mo are well-absorbed by the market.
Is vacancy a concern in Biloxi, MS?
Expect elevated vacancy in Biloxi, MS. Rents at $1,259/mo are absorbed by the tenant base without meaningful lag.
How much rent can I charge in Biloxi, MS?
Biloxi, MS rentals go for roughly $1,259/mo a month. That puts gross yield in solid territory relative to $210K acquisition costs.
What is it like being a landlord in Biloxi, MS?
MS ranks as a landlord-friendly state for landlord-tenant law. Biloxi generally follows the statewide framework, so landlords face reasonable operating rules.
You know 39531 now. You don’t know where it ranks.
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How 39531 ranks in Gulfport-Biloxi, MS
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