7586 Iris Drive, Southaven, MS 38671 (MLS# 4143766)

7586 Iris Drive, Southaven, MS 38671

$230,000

Virtual Tour

https://www.propertypanorama.com/7586-Iris-Drive-Southaven-MS-38671/unbranded

Property Type: Residential Bedrooms: 2 Square Footage: 1,084 Lot Size (sq. ft.): 4,792 Status: Pending

Current Price: $230,000 List Date: 3/26/2026 Last Modified: 6/15/2026

Overview

Description

This property is leased at $1,545 per month through 03/01/2028, with a cash-on-cash return of 4.91% and a monthly cash flow of $246.62. Major improvements include new HVAC system, full interior/exterior paint, updated bathrooms with quartz vanities & LVP flooring, new LED lighting and fixtures throughout, and exterior upgrades including fencing, doors, and smart locks. Professionally managed and stabilized, this is a low-maintenance addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Listing Details MLS# 4143766

General Property Information

Property Sub Type: Single Family Residence
New Construction: No
Property Condition: Move In Ready
Approx Lot Size Acres: 0.11
Lot Size Dimensions: 39X121
Approx H/C SqFt: 1084
SqFt Source: Public Records
List Price/SqFt: 212.18
Year Built Known: Yes
Year Built: 1968
Year Built Source: Public Records
Garage Spaces: 2
Total Floors: Yes
Bedrooms Total: 2
Bathrooms Full: 2
Fireplace: No
Pool: No
School District: Desoto CO Dist
Elementary School: Greenbrook
Elementary School 2: N/A
Intermediate School: Southaven
Middle or Junior School: Southaven Middle
High School: Southaven
Home Warranty: No
Accessibility Features: No
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: House Architectural Style: Ranch Lot Features: Landscaped; Level Levels: One Interior Features: Breakfast Bar; Eat-in Kitchen; Pantry; Primary Downstairs Special Purpose Rooms: Formal Dining Room; Unfinished Expandable Bonus Room Kitchen Features: Breakfast Bar; Breakfast Room/Morning Room Bathroom Features: 5 Foot Tub; Fiberglass Tub Appliances: Dishwasher; Electric Range; Gas Water Heater; Microwave Walls - Interior: Sheetrock Flooring: Carpet; Combination; Tile Window Features: Blinds; Metal Door Features: Dead Bolt Lock(s); Metal Insulated; Security Laundry Features: Laundry Room Cooling: Central Air Heating: Central Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Patio And Porch Features: Patio; Screened Exterior Features: Private Yard Fencing: Wood Driveway Features: Concrete Drive Parking Features: Attached; Garage; Garage Door Opener; Garage Faces Front Attic Features: Attic Floored Water Heater: Natural Gas Disclosures: Seller/Agent Relationship

Address and Location Information

Street Number: 7586
Street Name: Iris
Street Suffix: Drive
County: DeSoto
State: MS
Zip Code: 38671
Parcel Number: 1079302500004700
Subdivision: Gardens Of Greenbrook
Directions to Property: From Airways go east on Clarington Dr, right on Iris, home will be on your left.
Community Of: N/A

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 2212
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: GARDENS OF GREENBROOK LOT 47

Status Change Info

Contract Date/Pending Date: 2026-06-02

More Information

Showing Requirements

Showing: Appointment Required
Appointment Phone: 800.379.0057
Lockbox Location: Front Door

Attic Features

Attic: Yes
Attic Floored: Yes

Remarks & Miscellaneous

Public Remarks: This property is leased at $1,545 per month through 03/01/2028, with a cash-on-cash return of 4.91% and a monthly cash flow of $246.62. Major improvements include new HVAC system, full interior/exterior paint, updated bathrooms with quartz vanities & LVP flooring, new LED lighting and fixtures throughout, and exterior upgrades including fencing, doors, and smart locks. Professionally managed and stabilized, this is a low-maintenance addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Structure Type

House: Yes

Architectural Style

Ranch: Yes

Lot Features

Landscaped: Yes
Level: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Bank Loan: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Interior Features

Breakfast Bar: Yes
Eat-in Kitchen: Yes
Pantry: Yes
Primary Downstairs: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Special Purpose Rooms

Formal Dining Room: Yes
Unfinished Expandable Bonus Room: Yes

Kitchen Features

Breakfast Bar: Yes
Breakfast Room/Morning Room: Yes

Bathroom Features

5 Foot Tub: Yes
Fiberglass Tub: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Gas Water Heater: Yes
Microwave: Yes

Walls - Interior

Sheetrock: Yes

Flooring

Carpet: Yes
Combination: Yes
Tile: Yes

Window Features

Blinds: Yes
Metal: Yes

Door Features

Dead Bolt Lock(s): Yes
Metal Insulated: Yes
Security: Yes

Laundry Features

Laundry Room: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Brick: Yes

Roof

Architectural Shingles: Yes

Exterior Features

Private Yard: Yes

Patio And Porch Features

Patio: Yes
Screened: Yes

Fencing

Wood: Yes

Driveway Features

Concrete Drive: Yes

Parking Features

Attached: Yes
Garage: Yes
Garage Door Opener: Yes
Garage Faces Front: Yes

Water Heater

Natural Gas: Yes

Disclosures

Seller/Agent Relationship: Yes

Listing Office: Foundation Property Management

Listing Agent: Dana S Landry

Last Updated: June - 15 - 2026