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$149,900
34d
$288/mo
Estimated monthly Section 8 cashflow
5409 Smallwood Cv, Horn Lake, MS 38637
Horn Lake, MS 38637
3 bd · 1 ba · 1,254 sqft · Built 1980
Est. rent $1,850/mo · ZIP-level SAFMR
5409 Smallwood Cv, Horn Lake, MS 38637
Horn Lake, MS 38637
$288/mo
3 bd · 1 ba · 1,254 sqft · Built 1980
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
34
Market rent
—
Estimated monthly cashflow
$288
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-drivenTotal cashflow
$28,533
Appreciation
$23,875
Total return
125%
Annualized IRR
17.6%
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $23,141 | $13,321 | $4,163 | $154,397 |
| 2 | $24,122 | $14,056 | $4,899 | $159,029 |
| 3 | $25,145 | $14,827 | $5,670 | $163,800 |
| 4 | $26,211 | $15,635 | $6,478 | $168,714 |
| 5 | $27,322 | $16,482 | $7,324 | $173,775 |
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 $173,775. Excludes principal paydown and resale costs. Estimates only.
Location
Safety
FBI 2025Safety index
7.6/ 10
Violent / 100k
222
Property / 100k
1,272
Description
$288/mo
$149,900