1 / 30
$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
- MS062The Housing Authority of the City of Holly Springs700 Highway 4 E, Holly Springs, MS, 38635Phone6012522971Vouchers90 vouchers
Area statistics
ACS 2022Median 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-drivenTotal cashflow
-$1,682
Appreciation
$57,323
Total return
55%
Annualized IRR
9.2%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 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.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
-$314/mo
$359,900