1 / 12
$189,000
18d
$47/mo
Estimated monthly Section 8 cashflow
3245 Edenshire Ln, Horn Lake, MS 38637
Horn Lake, MS 38637
3 bd · 3 ba · 1,624 sqft · Built 1991
Est. rent $1,850/mo · ZIP-level SAFMR
3245 Edenshire Ln, Horn Lake, MS 38637
Horn Lake, MS 38637
$47/mo
3 bd · 3 ba · 1,624 sqft · Built 1991
Est. rent $1,850/mo · ZIP-level SAFMR
Fair Market Rent
3-bedroom · this ZIP
2024—
2025$1,880
2026$1,850
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
18
Market rent
—
Estimated monthly cashflow
$47
Cap rate6.4%Cash-on-cash1.1%DSCR1.05
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$13,821
Appreciation
$30,103
Total return
83%
Annualized IRR
12.8%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $23,141 | $12,794 | $1,248 | $194,670 |
| 2 | $24,122 | $13,516 | $1,970 | $200,510 |
| 3 | $25,145 | $14,274 | $2,727 | $206,525 |
| 4 | $26,211 | $15,068 | $3,522 | $212,721 |
| 5 | $27,322 | $15,900 | $4,354 | $219,103 |
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 $219,103. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
$47/mo
$189,000