7033 Tudor Ln · Horn Lake, MS 38637

$25,000

3 bd · 2.0 ba · 1,277 sqft · SingleFamily public records · 17 Days on market

Built 2005 8,276 sqft lot $20/sqft · 86% below area

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.0/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for your next project? This may be up your alley. This is 3 Bedroom 2 Bath home with attached 2 car garage. With a little imagination this could be the home of your dreams.

Key facts

• 8,276 sq ft lot
• 2 garage spots
• Built 2005

Property features AI

Exterior

• Parking: Attached 2-car garage; On-street parking; Concrete driveway/surface
• Utilities: Public water; Public sewer; Cable available; Electricity available; Natural gas available
• Home design: Single-family residence (house); One story; Fixer condition
• Construction: Brick veneer and siding exterior; Slab foundation; Built in public-records year
• Exterior features: Architectural shingle roof; Other exterior features; City lot

Interior

• Kitchen: Appliances: Other
• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two bathrooms on the main level
• Heating & cooling: Central heating; Electric cooling
• Interior features: Seven total rooms; Family room on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $25k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $25k).
• Recommended offer: $25k (1.5% below list) — sets the bar for market timing.
• Cap rate 59.8% vs local median 6.0% in Horn Lake — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#196 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment D, amenities F, commute F.
• Desoto County School District (suburban): math 48% / reading 42% proficiency, ranked #20 of 130 in MS (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Horn Lake Elem (451 students, 99% FRL); Horn Lake Middle School (math 37% / reading 21%, grade F, #90 of 179 statewide, top 52%, 1,021 students, 100% FRL); Horn Lake High (math 28% / reading 30%, grade F, #98 of 197 statewide, top 49%, 1,361 students, 100% FRL) — zoned schools average 100% FRL vs 43% district-wide (56 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 29% at this address vs 45% district-wide (-16 pts) — the specific schools serving this property underperform the Desoto County School District average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.7%/yr); 95 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,155 units permitted in DeSoto County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $173 of loan paydown is wiped out by about $750 of value loss. Plan a longer hold.
• DeSoto County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($25k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $24,625 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 6.52% ✓
• Cap rate: 59.80%
• Cash-on-cash: 191.08%
• DSCR: 9.50
• GRM: 1.3

CMA / ARV

• ARV (median comp): $186,089
• List price: $25,000
• Delta: -86.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7016 Tudor Ln	0.05mi	3/1.5	1,300 (+2%)	4mo	$198,900	$153	89
7124 Windsor Dr	0.22mi	3/2.0	1,350 (+6%)	2mo	$249,000	$184	79
2935 Briarwood Dr	0.42mi	3/1.0	1,274 (-0%)	5mo	$180,000	$141	72
3415 Edenshire Ln	0.34mi	2/2.0 (-1)	1,195 (-6%)	1mo	$194,900	$163	67
3405 Woodbine Cv	0.58mi	3/2.0	1,246 (-2%)	4mo	$194,900	$156	66
2655 Hillcrest Cir	0.42mi	3/1.0	1,210 (-5%)	4mo	$199,900	$165	65
3350 W Tulane Rd	0.48mi	3/2.0	1,357 (+6%)	4mo	$175,000	$129	64
3045 Normandy Dr	0.51mi	4/1.5 (+1)	1,238 (-3%)	2mo	$160,000	$129	63
3410 Dorchester Cv	0.60mi	3/2.0	1,351 (+6%)	1mo	$95,500	$71	61
3140 Forest Glen Dr	0.65mi	3/1.5	1,206 (-6%)	2mo	$170,000	$141	57
7584 Woodshire Dr	0.73mi	3/2.0	1,360 (+6%)	2mo	$220,900	$162	54
3430 Mayfair Dr	0.73mi	3/2.0	1,089 (-15%)	3mo	$204,900	$188	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 9.88×
• Total profit: $62,190
• Equity at exit: $3,728

10-year hold

• IRR: —
• Equity multiple: 19.17×
• Total profit: $127,211
• Equity at exit: $2,162

Cash invested: $7,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Mississippi: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 38637

• Home prices YoY: -13.4%
• Rents YoY: -0.7%
• Active inventory: 95
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $1,630 high
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $375/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $1,115

Break-even live

Break-even rent $219

Max offer price $25,000

Occupancy floor 27%

Sensitivity live

Price	-10% $1,132	-5% $1,123	+0% $1,115	+5% $1,106	+10% $1,097
Rent	-10% $986	-5% $1,050	+0% $1,115	+5% $1,179	+10% $1,243
Rate	-1.0pp $1,127	-0.5pp $1,121	base $1,115	+0.5pp $1,108	+1.0pp $1,102

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7084 Windsor Dr Horn Lake, MS	4.0	2.0	1480	$1,815	$1.23	5d	1	0.14mi
7066 Foxhall Dr Horn Lake, MS	3.0	2.0	998	$1,395	$1.40	45d	1	0.16mi
7063 Foxhall Dr Horn Lake, MS	3.0	2.0	1392	$1,745	$1.25	5d	1	0.17mi
7123 Hampton Dr Horn Lake, MS	4.0	2.0	1214	$1,630	$1.34	12d	1	0.18mi
7139 Hampton Dr Horn Lake, MS	3.0	2.0	1247	$1,550	$1.24	24d	1	0.21mi
7101 Tulane Rd N Horn Lake, MS	2.0–3.0	2.0	1189	$1,750	$1.47	2d	6	0.23mi
7311 Madelyn Cv Horn Lake, MS	3.0	3.0	1263	$1,395	$1.10	22d	1	0.25mi
7311 Madelyn Cv Horn Lake, MS	3.0	3.0	1263	$1,395	$1.10	24d	1	0.25mi
3285 Edenshire Ln Horn Lake, MS	2.0	2.0	1407	$1,573	$1.12	24d	1	0.31mi
2621 Pintail Dr Horn Lake, MS	3.0	2.0	1356	$1,740	$1.28	5d	1	0.31mi
7430 Pintail Dr Horn Lake, MS	4.0	2.0	1479	$1,630	$1.10	44d	1	0.36mi
7400 Pintail Dr Horn Lake, MS	4.0	2.0	1450	$1,595	$1.10	5d	1	0.39mi
7080 Benji Ave Horn Lake, MS	3.0	2.0	1276	$1,550	$1.21	44d	1	0.41mi
2881 Normandy Dr Horn Lake, MS	3.0	1.5	1283	$1,450	$1.13	44d	1	0.42mi
7341 Lee Ann Dr Horn Lake, MS	3.0	2.0	1247	$1,660	$1.33	2d	1	0.42mi
2628 Hillcrest Cir Horn Lake, MS	3.0	1.0	1260	$1,275	$1.01	44d	1	0.43mi
2921 Normandy Dr Horn Lake, MS	3.0	1.5	1250	$1,200	$0.96	24d	1	0.47mi
7623 Caitlynn Cir W Horn Lake, MS	3.0	2.0	1229	$1,705	$1.39	44d	1	0.48mi
7202 Brenwood Dr Horn Lake, MS	3.0	2.0	1490	$1,705	$1.14	22d	1	0.50mi
2890 Meadowbrook Dr Horn Lake, MS	3.0	2.0	1171	$1,375	$1.17	3d	1	0.54mi
3437 Laurelwood St Horn Lake, MS	3.0	2.0	1200	$1,480	$1.23	12d	1	0.58mi
7163 Layne Dr Horn Lake, MS	3.0	2.0	1320	$1,595	$1.21	24d	1	0.62mi
2675 Ridgewood Cv Horn Lake, MS	3.0	1.0	1065	$1,195	$1.12	22d	1	0.64mi
2675 Ridgewood Cv Horn Lake, MS	3.0	1.0	1035	$1,195	$1.15	24d	1	0.64mi
6545 Hermitage Rd Horn Lake, MS	3.0	1.5	1200	$1,295	$1.08	44d	1	0.67mi
7340 Durango Dr Horn Lake, MS	3.0	2.0	1362	$1,705	$1.25	5d	1	0.72mi
6475 Forest Glen Dr Horn Lake, MS	3.0	1.5	1100	$1,395	$1.27	44d	1	0.74mi
6585 Fairwood Cv Horn Lake, MS	3.0	2.0	1473	$1,553	$1.05	24d	1	0.75mi
7609 Woodshire Dr Horn Lake, MS	3.0	2.0	1480	$1,690	$1.14	44d	1	0.76mi
7266 Illinois Central Ave Horn Lake, MS	3.0	3.0	1778	$1,718	$0.97	2d	1	0.76mi
3060 Fairmeadow Dr Horn Lake, MS	3.0	1.5	1104	$1,663	$1.51	2d	1	0.76mi
6360 Greenbriar Dr Horn Lake, MS	3.0	1.5	1328	$1,465	$1.10	44d	1	0.81mi
4174 Highgate Dr Horn Lake, MS	3.0	1.5	1197	$1,495	$1.25	17d	1	0.81mi
3560 Lakehurst Dr Horn Lake, MS	4.0	2.0	1300	$1,425	$1.10	17d	1	0.82mi
3530 Mayfair Dr Horn Lake, MS	4.0	2.0	1300	$1,595	$1.23	15d	1	0.83mi
6420 Forestgate Rd Horn Lake, MS	3.0	2.0	1120	$1,573	$1.40	22d	1	0.85mi
6420 Cornwall Rd Horn Lake, MS	3.0	2.0	1189	$1,550	$1.30	15d	1	0.91mi
6871 Center St Horn Lake, MS	2.0	1.0	1400	$1,395	$1.00	44d	1	0.91mi
3914 Santa Fe Loop Horn Lake, MS	3.0	3.0	1238	$1,673	$1.35	24d	1	0.92mi
7757 Charleston Dr Southaven, MS	4.0	2.0	1325	$1,650	$1.25	24d	1	0.94mi

Listing history 5 events

1. 2026-06-02
   status $25,000 Pending 17 DOM
2. 2026-06-01
   days on market $25,000 Active 17 DOM
3. 2026-05-31
   days on market $25,000 Active 16 DOM
4. 2026-05-15
   listed $25,000 Active 180-char remark
5. 1993-06-21
   soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,556
• − Mortgage interest: −$1,400
• − Property taxes: −$375
• − Insurance: −$125
• − Repairs & maintenance: −$1,564
• − Management: −$1,564
• − Depreciation: −$727
• Taxable income: $13,799
• Est. tax owed @ 24.0%: −$3,312
• After-tax cash flow: $10,064/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Desoto County School District
• NCES district ID: 2801320
• Math proficiency: 48% ▼ -13.00%
• Reading proficiency: 42% ▼ -6.00%
• Median HH income: $59,272
• Composite: 39.56/100
• National rank: #3933
• State rank: #20 of 130 in MS

Livability — Horn Lake

• Score: 61/100
• State rank: #196
• US rank: #17977

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment D Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Horn Lake, MS
• County: DeSoto County · 176,513 people
• City population: 26,647
• Metro: Memphis, TN-MS-AR
• Population (ZIP): 26,647
• Household income: $53,311
• Rent vs Own: 41.9% rent · 58.1% own
• Severe rent burden: 1052.0

Population outlook (DeSoto County) Hauer SSP2

• Today (2025): 203,338 people
• By 2030: 217,692 · +7.1%
• By 2040: 245,320 · +20.6%
• By 2050: 270,133 · +32.8%
• By 2075: 323,341 · +59.0%
• By 2100: 348,742 · +71.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 44% White 42% Hispanic / Latino 9% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 2% Lithuanian 1% Serbian 1%
• Foreign-born: 7% · Canada
• Languages at home: 91% English-only · Spanish 8%

Political lean MEDSL · DeSoto

• 2024 margin: Strong R (+24.1) · D 36.7% · R 60.8% · Other 2.5%
• 2008→2024 swing: +14.2pp toward D · 2008: -38.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+23.9 2016: R+34.8 2012: R+33.5 2008: R+38.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.08%
• Current HPI: 206.5542
• Rent YoY: ▼ -0.66%
• Metro: Memphis, TN-MS-AR
• State GDP YoY: —
• F500 in state: 0

Price history

3 events — show timeline

• 2026-06-01 Pending — MLSU
• 2026-05-15 Listed $25,000 MLSU
• 1993-06-21 Sold (Public Records) — Public Records

Property tax history

+14.8%/yr

Latest (2025): $4,085 · -21.5% YoY. Source: county tax records.