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$175,000

10d

$398/mo

Estimated monthly Section 8 cashflow

1340 Craft Rd, Olive Branch, MS 38654

Olive Branch, MS 38654

3 bd · 1 ba · 1,100 sqft · Built 1972

Est. rent $2,230/mo · ZIP-level SAFMR

1340 Craft Rd, Olive Branch, MS 38654

Olive Branch, MS 38654

$398/mo

3 bd · 1 ba · 1,100 sqft · Built 1972

Est. rent $2,230/mo · ZIP-level SAFMR

Fair Market Rent

3-bedroom · this ZIP

2024—

2025$2,300

2026$2,230

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

$96k

Median home value

$262k

Population

56k

Homeownership

83.8%

Avg DOM

Market rent

—

Estimated monthly cashflow

$398

Cap rate8.8%Cash-on-cash9.7%DSCR1.45

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

5-year projection

FRED-driven

Total cashflow

$37,497

Appreciation

$27,873

Total return

133%

Annualized IRR

18.5%

Yr	Rent	NOI	Cashflow	Value
1	$27,894	$16,316	$5,626	$180,250
2	$29,077	$17,210	$6,519	$185,658
3	$30,310	$18,146	$7,455	$191,227
4	$31,595	$19,126	$8,435	$196,964
5	$32,934	$20,154	$9,463	$202,873

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 $202,873. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 1340 Craft Rd, Olive Branch, MS 38654

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

3 Bedrooms/1 Bath on appx. 1.6 acres. In need of repairs and improvements, this home is ideal for buyers looking to renovate. Lewisburg School District !

$398/mo

$175,000