1 / 25

$159,900

48d

$228/mo

Estimated monthly Section 8 cashflow

2715 Meadowbrook Dr, Horn Lake, MS 38637

Horn Lake, MS 38637

3 bd · 1 ba · 1,000 sqft · Built 1972

Est. rent $1,850/mo · ZIP-level SAFMR

2715 Meadowbrook Dr, Horn Lake, MS 38637

Horn Lake, MS 38637

$228/mo

3 bd · 1 ba · 1,000 sqft · Built 1972

Est. rent $1,850/mo · ZIP-level SAFMR

Fair Market Rent

3-bedroom · this ZIP

2024—

2025$1,880

2026$1,850

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

$57k

Median home value

$146k

Population

27k

Homeownership

58.8%

Avg DOM

Market rent

—

Estimated monthly cashflow

$228

Cap rate7.8%Cash-on-cash6.1%DSCR1.28

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

5-year projection

FRED-driven

Total cashflow

$24,832

Appreciation

$25,468

Total return

112%

Annualized IRR

16.3%

Yr	Rent	NOI	Cashflow	Value
1	$23,141	$13,198	$3,429	$164,697
2	$24,122	$13,930	$4,162	$169,638
3	$25,145	$14,698	$4,929	$174,727
4	$26,211	$15,503	$5,734	$179,969
5	$27,322	$16,346	$6,578	$185,368

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 $185,368. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 2715 Meadowbrook Dr, Horn Lake, MS 38637

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

One-story home featuring 3 bedrooms and 1 bathroom with an attached 1-car carport and a welcoming front porch. The property offers a functional layout and a fenced backyard with plenty of space for outdoor living, pets, or future improvements. This home is in need of updates and repairs, making it a great opportunity for investors or buyers looking to renovate and add value. Sold as-is.

$228/mo

$159,900