$225,000
24d
$19/mo
Estimated monthly Section 8 cashflow
5758 Cherokee Dr, Horn Lake, MS 38637
Horn Lake, MS 38637
4 bd · 2 ba · 1,298 sqft
Est. rent $2,150/mo · ZIP-level SAFMR
5758 Cherokee Dr, Horn Lake, MS 38637
Horn Lake, MS 38637
$19/mo
4 bd · 2 ba · 1,298 sqft
Est. rent $2,150/mo · ZIP-level SAFMR
Fair Market Rent
4-bedroom · this ZIP
2024—
2025$2,200
2026$2,150
Housing authority
- MS062The Housing Authority of the City of Holly Springs700 Highway 4 E, Holly Springs, MS, 38635Phone6012522971Vouchers90 vouchers
Area statistics
ACS 2022Median income
$57k
Median home value
$146k
Population
27k
Homeownership
58.8%
Avg DOM
24
Market rent
—
Estimated monthly cashflow
$19
Cap rate6.2%Cash-on-cash0.4%DSCR1.02
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$13,937
Appreciation
$35,837
Total return
79%
Annualized IRR
12.3%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $26,894 | $14,775 | $1,030 | $231,750 |
| 2 | $28,034 | $15,612 | $1,867 | $238,703 |
| 3 | $29,222 | $16,490 | $2,745 | $245,864 |
| 4 | $30,461 | $17,411 | $3,665 | $253,239 |
| 5 | $31,753 | $18,376 | $4,630 | $260,837 |
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 $260,837. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
$19/mo
$225,000