Real Estate Investing in Osyka, Mississippi (39657)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 39657 (Osyka, 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: 36.0% of homes vacant — above national norms.
- Elevated poverty: 22.9% poverty rate — can affect rent collection.
- Lower household income: $35,817 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Osyka, MS (39657)?
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Market Analysis: 39657 Osyka
The 39657 ZIP in Osyka, MS is a local-operator market. Outside capital chasing a $124K entry has to pair deep knowledge with the discount.
From an investor standpoint, the numbers look inviting — $124K purchase price, 0.0% nominal cap — the work to hit that pro forma in 39657 is substantial and deserves full respect.
Within MS, ZIP 39657 trails on several market indicators that neighboring Pike County submarkets outperform. The gap is real and healthy enough to shape underwriting.
A significant renter share of 22% in 39657 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 39657 is an operator game, not a passive one. On the rental side, entry prices of $124K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Osyka:
Market Trends
Home Value History (with trend line)
📊 How Does 39657 Compare?
| Metric | 39657 | Osyka | McComb, MS | Mississippi |
|---|---|---|---|---|
| Home Value | $123,793 | $123,793 | N/A | $186,446 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 4.0% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.5% | 5.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 39657 (Osyka, MS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $123,793 |
| Monthly Rent | $873 |
| Price-to-Rent | 11.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +19.3% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 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 (5.5%). 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 39657
Population: 1,591
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 39657
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.
Frequently Asked Questions
Is real estate in Osyka, MS a good investment right now?
Yes - Osyka, MS a 3.0/5 investability score. With $124K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Osyka, MS a good market for FHA house hackers?
For house hackers, Osyka, MS is a challenging. The $873/mo rent on a unit helps defray the mortgage on a $124K property.
What is the typical rental rate in Osyka, MS?
Osyka, MS rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $124K acquisition costs.
How should investors approach Osyka, MS?
The best-fit strategy in Osyka, MS is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How do home values compare in Osyka, MS?
Osyka, MS median home values land near $124K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
You know 39657 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 39657 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.
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