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$209,000
3d
-$84/mo
Estimated monthly Section 8 cashflow
1500 Vicksburg Dr, Southaven, MS 38671
Southaven, MS 38671
3 bd · 2 ba · 1,259 sqft · Built 1962
Est. rent $1,850/mo · ZIP-level SAFMR
1500 Vicksburg Dr, Southaven, MS 38671
Southaven, MS 38671
-$84/mo
3 bd · 2 ba · 1,259 sqft · Built 1962
Est. rent $1,850/mo · ZIP-level SAFMR
Fair Market Rent
3-bedroom · this ZIP
2024—
2025$1,930
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
$59k
Median home value
$157k
Population
37k
Homeownership
60.8%
Avg DOM
3
Market rent
—
Estimated monthly cashflow
-$84
Cap rate5.6%Cash-on-cash-1.7%DSCR0.92
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$5,880
Appreciation
$33,288
Total return
67%
Annualized IRR
10.8%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $23,141 | $12,445 | -$323 | $215,270 |
| 2 | $24,122 | $13,159 | $391 | $221,728 |
| 3 | $25,145 | $13,907 | $1,139 | $228,380 |
| 4 | $26,211 | $14,692 | $1,924 | $235,231 |
| 5 | $27,322 | $15,516 | $2,748 | $242,288 |
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 $242,288. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
-$84/mo
$209,000