Real Estate Investing in Morris, Georgia (39867)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Clay County • Population: 112 • Data updated: September 2026

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Should you buy in 39867 (Morris, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 47.3% of homes vacant — above national norms.
  • Elevated poverty: 25.0% poverty rate — can affect rent collection.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Morris, GA (39867)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $157,132
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $47,292
% Renters 19.8%

Market Analysis: 39867 Morris

The 39867 ZIP covers a section of Morris that demands careful diligence. Prices near $157K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 39867 can be a worth a close look for hunting ground — but the discount at $157K reflects genuine risk that outside investors often underestimate.

Regionally, 39867 sits on the difficult end of the GA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Demographically, 39867 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Strategically, 39867 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Morris:

C+ Average
Buy Confidence Score: 62/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Rising (+7.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Eufaula, AL-GA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Eufaula, AL-GA metro data

Market Trends

Home Value History (with trend line)

$170K$153K$136K$119K$102K$85KDec 2010Oct 2018Jul 2026

📊 How Does 39867 Compare?

Metric 39867 Morris Eufaula, AL-GA Georgia
Home Value $157,132 $157,132 N/A $329,538
5-Year CAGR 1.6% 1.6% N/A 7.8%
Avg Rent $900 $900 N/A -
Cap Rate 4.5% 4.5% - -
💡 Why Invest in 39867? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 39867 (Morris, GA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+1.6%
Slow

📊 Market Snapshot

Home Value $157,132
Monthly Rent $900
Price-to-Rent 14.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +7.1% ▲
3-Year CAGR +0.4% ▲
5-Year CAGR +1.6% ▲
10-Year CAGR +4.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
47.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.6%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 39867

Population: 112

💰 Median Household Income
$47,292
This area
$47,292
State
$64,001
USA
$74,580
🏠 Renter Occupied
19.8%
This area
19.8%
State
29.9%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-18.6%
USA
3.7%
🎓 College Educated
13.7%
This area
13.7%
State
-3.0%
USA
33.7%
👤 Median Age
58.4 years
This area
58.4 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
47.3%
This area
47.3%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 59.6%
White 40.4%
👶 Under 18
0.0%
This area
0.0%
USA
22.0%
👴 65 and Over
30.6%
This area
30.6%
USA
17.3%
📊 Poverty Rate
25.0%
This area
25.0%
USA
11.5%

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

1 Nearby
C
Andrew College
294 students · 9.6 mi

Frequently Asked Questions

How quickly do rentals get leased in Morris, GA?

Morris, GA carries elevated vacancy risk. Expect predictable absorption at market rents of $900/mo.

How viable is house hacking in Morris, GA?

House hacking in Morris, GA is a challenging. With home values around $157K and rents at $900/mo, owner-occupants can offset a meaningful share of PITI.

How much is rent in Morris, GA?

Morris, GA rentals go for roughly $900/mo a month. That puts gross yield in solid territory relative to $157K acquisition costs.

What is the typical home price in Morris, GA?

In Morris, GA the median home value sits at $157K. Against the broader GA market, that reads as reasonable for most investors.

Which real estate strategy fits Morris, GA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Morris, GA. The numbers - $157K homes against $900/mo rents - support that play.

You know 39867 now. You don’t know where it ranks.

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How 39867 ranks in Eufaula, AL-GA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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