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$195,900

109d

$2/mo

Estimated monthly Section 8 cashflow

1331 Main St, Southaven, MS 38671

Southaven, MS 38671

3 bd · 2 ba · 1,200 sqft · Built 1963

Est. rent $1,850/mo · ZIP-level SAFMR

1331 Main St, Southaven, MS 38671

Southaven, MS 38671

$2/mo

3 bd · 2 ba · 1,200 sqft · Built 1963

Est. rent $1,850/mo · ZIP-level SAFMR

Fair Market Rent

3-bedroom · this ZIP

2024—

2025$1,930

2026$1,850

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

$59k

Median home value

$157k

Population

37k

Homeownership

60.8%

Avg DOM

109

Market rent

—

Estimated monthly cashflow

Cap rate6.1%Cash-on-cash0.0%DSCR1.00

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

5-year projection

FRED-driven

Total cashflow

$11,077

Appreciation

$31,202

Total return

77%

Annualized IRR

12.1%

Yr	Rent	NOI	Cashflow	Value
1	$23,141	$12,673	$705	$201,777
2	$24,122	$13,392	$1,424	$207,830
3	$25,145	$14,147	$2,179	$214,065
4	$26,211	$14,938	$2,970	$220,487
5	$27,322	$15,767	$3,799	$227,102

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 $227,102. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 1331 Main St, Southaven, MS 38671

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

Newly Renovated and Priced to Sell! This beautifully remodeled home features fresh paint inside and out, brand-new LVP flooring, new carpet, and a new roof. The functional floor plan offers 3 bedrooms and 1.5 baths, along with a spacious kitchen showcasing new flooring, quartz countertops, custom cabinetry, all-new hardware, and a convenient eat-in area. Each bedroom is generously sized and includes built-in shelving for added character and storage. Outside, enjoy a large yard with mature shade trees—perfect for relaxing or entertaining. With new light fixtures and finishes throughout, this move-in-ready home has been updated from top to bottom. Schedule your showing today before it's gone.

$2/mo

$195,900