Real Estate Investing in Mc Henry, Mississippi (39573)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39573 (Mc Henry, 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.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mc Henry, MS (39573)?
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Market Analysis: 39573 Mc Henry
Not every below-median market is a bargain. Mc Henry's 39573 ZIP records signals that favor experienced operators who can absorb the risk $233K pricing implies.
For an experienced owner, 39573 can be a a strong candidate for hunting ground — but the discount at $233K reflects genuine risk that outside investors often underestimate.
ZIP 39573's metrics run below Stone County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 39573 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 39573 is an operator game, not a passive one. Looking more closely, entry prices of $233K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mc Henry:
Property Strategy for 39573
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $180,474 | $1,010 | 4.0% | +7.4% | $90,237 |
| 3BR | $235,939 | $1,320 | 4.0% | +6.8% | $78,646 |
| 4BR | $297,023 | $1,650 | 4.0% | +7.8% | $74,256 |
Market Trends
Home Value History (with trend line)
📊 How Does 39573 Compare?
| Metric | 39573 | Mc Henry | Gulfport-Biloxi, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $233,365 | $228,350 | N/A | $186,446 |
| 5-Year CAGR | 4.5% | 5.0% | N/A | 4.0% |
| Avg Rent | $909 | $873 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 39573 (Mc Henry, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,365 |
| Monthly Rent | $909 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (3.0%). 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 39573
Population: 9,770
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 39573
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 1,877 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Mc Henry, MS?
Mc Henry, MS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($233K prices, $909/mo rents) make it a reasonable choice.
Is rental property easy to operate in Mc Henry, MS?
The landlord environment in Mc Henry, MS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the typical rental rate in Mc Henry, MS?
Investors in Mc Henry, MS typically see rents near $909/mo per month against $233K home values - a solid setup for rental cash flow.
What does house hacking look like in Mc Henry, MS?
For house hackers, Mc Henry, MS is a challenging. The $909/mo rent on a unit helps defray the mortgage on a $233K property.
What is the rental occupancy rate in Mc Henry, MS?
Mc Henry, MS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 39573 now. You don’t know where it ranks.
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How 39573 ranks in Gulfport-Biloxi, MS
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