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$359,900
69d
-$314/mo
Estimated monthly Section 8 cashflow

2633 Russum Dr, Southaven, MS 38672

Southaven, MS 38672
4 bd · 3 ba · 2,754 sqft
Est. rent $2,940/mo · ZIP-level SAFMR

2633 Russum Dr, Southaven, MS 38672

Southaven, MS 38672
-$314/mo
4 bd · 3 ba · 2,754 sqft
Est. rent $2,940/mo · ZIP-level SAFMR

Fair Market Rent

4-bedroom · this ZIP

2024
2025$3,130
2026$2,940

Housing authority

Area statistics

ACS 2022
Median income
$104k
Median home value
$268k
Population
16k
Homeownership
94.0%
Avg DOM
69
Market rent
Estimated monthly cashflow
-$314
Cap rate5.1%Cash-on-cash-3.7%DSCR0.83

Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.

5-year projection

FRED-driven
Total cashflow
-$1,682
Appreciation
$57,323
Total return
55%
Annualized IRR
9.2%
YrRentNOICashflowValue
1$36,776$19,293-$2,693$370,697
2$38,335$20,415-$1,571$381,818
3$39,960$21,593-$394$393,272
4$41,654$22,827$841$405,071
5$43,420$24,123$2,136$417,223
Rent growth 4.2% · Trailing 36-month CAGR of CPI rent of primary residence (capped to 1.5–7.0%).
Appreciation 3.0% · Fallback — HPI series not yet ingested.
Mortgage rate 6.51% · Latest Freddie Mac PMMS 30-year fixed (FRED MORTGAGE30US).
Year 5 value $417,223. Excludes principal paydown and resale costs. Estimates only.

Safety

FBI 2025
Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272

Description

Beautifully maintained 4BR/3BA home on a spacious corner lot in one of DeSoto County's most convenient locations -- within walking distance to all three DeSoto Central Schools campuses and just minutes from shopping, dining, and entertainment at Silo Square and outdoor recreation at Snowden Grove Park. Thoughtfully designed floor plan with two bedrooms and two full baths on the main level, open living spaces, dining room, hardwood stairs for a modern touch, and multiple closets throughout providing abundant storage. Upstairs offers two additional bedrooms, full bath, and a custom wardrobe closet with built-in shelving to hang clothes and organize shoes. Enjoy year-round outdoor living with a screened-in porch approximately 1 year old overlooking the fully fenced backyard. All appliances remain (washer, dryer, refrigerator). A new microwave was installed 2 months ago. Move-in ready and ideally located -- homes like this don't last long.

-$314/mo
$359,900