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$250,000

13d

$167/mo

Estimated monthly Section 8 cashflow

9361 Pigeon Roost Rd, Olive Branch, MS 38654

Olive Branch, MS 38654

4 bd · 3 ba · 2,900 sqft · Built 1920

Est. rent $2,600/mo · ZIP-level SAFMR

9361 Pigeon Roost Rd, Olive Branch, MS 38654

Olive Branch, MS 38654

$167/mo

4 bd · 3 ba · 2,900 sqft · Built 1920

Est. rent $2,600/mo · ZIP-level SAFMR

Fair Market Rent

4-bedroom · this ZIP

2024—

2025$2,690

2026$2,600

Housing authority

The Housing Authority of the City of Holly Springs
700 Highway 4 E, Holly Springs, MS, 38635
MS062
Phone6012522971
Emailadmin@hollyhousing.org
Vouchers90 vouchers

Area statistics

ACS 2022

Median income

$96k

Median home value

$262k

Population

56k

Homeownership

83.8%

Avg DOM

Market rent

—

Estimated monthly cashflow

$167

Cap rate6.9%Cash-on-cash2.9%DSCR1.13

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

5-year projection

FRED-driven

Total cashflow

$25,626

Appreciation

$39,819

Total return

93%

Annualized IRR

14.1%

Yr	Rent	NOI	Cashflow	Value
1	$32,523	$18,253	$2,980	$257,500
2	$33,901	$19,275	$4,002	$265,225
3	$35,339	$20,346	$5,073	$273,182
4	$36,837	$21,469	$6,197	$281,377
5	$38,398	$22,647	$7,374	$289,819

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 $289,819. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 9361 Pigeon Roost Rd, Olive Branch, MS 38654

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

Charming 1920 home full of character and potential. This 4 bedroom, 2.5 bath property features a spacious two story layout with a beautiful staircase and timeless architectural details throughout. While the home does need renovations, it offers a great opportunity for buyers looking to restore and customize a classic property to their vision. Conveniently located next door to the Olive Branch Schools, this property combines location, space, and potential. Ideal as a primary residence renovation or investment opportunity.

$167/mo

$250,000