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$240,000

53d

$467/mo

Estimated monthly Section 8 cashflow

1560 Wilborne Rd, Southaven, MS 38672

Southaven, MS 38672

4 bd · 3 ba · 4,144 sqft · Built 1983

Est. rent $2,940/mo · ZIP-level SAFMR

1560 Wilborne Rd, Southaven, MS 38672

Southaven, MS 38672

$467/mo

4 bd · 3 ba · 4,144 sqft · Built 1983

Est. rent $2,940/mo · ZIP-level SAFMR

Fair Market Rent

4-bedroom · this ZIP

2024—

2025$3,130

2026$2,940

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

$104k

Median home value

$268k

Population

16k

Homeownership

94.0%

Avg DOM

Market rent

—

Estimated monthly cashflow

$467

Cap rate8.4%Cash-on-cash8.3%DSCR1.38

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

5-year projection

FRED-driven

Total cashflow

$45,928

Appreciation

$38,226

Total return

125%

Annualized IRR

17.6%

Yr	Rent	NOI	Cashflow	Value
1	$36,776	$21,383	$6,722	$247,200
2	$38,335	$22,558	$7,896	$254,616
3	$39,960	$23,788	$9,127	$262,254
4	$41,654	$25,078	$10,416	$270,122
5	$43,420	$26,430	$11,768	$278,226

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 $278,226. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 1560 Wilborne Rd, Southaven, MS 38672

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

Unlock the potential of this unique 3.72 acre value add property featuring dual living spaces. Upstairs offers a spacious 3-bedroom, 2-bath layout complete with a full kitchen and comfortable living area. Downstairs features a 1-bedroom, 1-bath suite with its own full kitchen, living room, and dedicated gaming/bonus room -- ideal for guests, tenants, or extended family. Being sold as-is, this property presents an incredible opportunity for investors to fix and flip or buyers ready to add their personal touch while enjoying acreage and flexibility. Basement includes 2,072 ft of the total square footage.

$467/mo

$240,000