1 / 10
$244,900
227d
$145/mo
Estimated monthly Section 8 cashflow
2835 Plum Point Rd, Southaven, MS 38672
Southaven, MS 38672
3 bd · 2 ba · 1,600 sqft · Built 1979
Est. rent $2,520/mo · ZIP-level SAFMR
2835 Plum Point Rd, Southaven, MS 38672
Southaven, MS 38672
$145/mo
3 bd · 2 ba · 1,600 sqft · Built 1979
Est. rent $2,520/mo · ZIP-level SAFMR
Fair Market Rent
3-bedroom · this ZIP
2024—
2025$2,670
2026$2,520
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
227
Market rent
—
Estimated monthly cashflow
$145
Cap rate6.8%Cash-on-cash2.5%DSCR1.12
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$23,805
Appreciation
$39,006
Total return
92%
Annualized IRR
13.9%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $31,522 | $17,645 | $2,684 | $252,247 |
| 2 | $32,858 | $18,635 | $3,673 | $259,814 |
| 3 | $34,251 | $19,672 | $4,711 | $267,609 |
| 4 | $35,703 | $20,759 | $5,798 | $275,637 |
| 5 | $37,217 | $21,899 | $6,938 | $283,906 |
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 $283,906. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
$145/mo
$244,900