10089 Riggan DrOlive BranchMS38654
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 10089 Riggan Dr, Olive Branch, MS, 38654 in Olive Branch speaks for itself: 11.99% gross on a $200,000 price, generating $1,998/mo in rent and $774/mo in net income after the $899/mo debt service. DSCR 2.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,289 stacks alongside $55,256 in projected five-year appreciation and $1,842/yr in principal reduction. Projected total cumulative return: $125,603.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.5% |
| Monthly Cash Flow | $774 | $450 |
City averages based on Olive Branch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,998 |
| Total Monthly Debt Service | $1,144 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38654, Olive Branch, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,231 (100%) |
| Owner Occupied HU | 18,447 (79.4%) |
| Renter Occupied HU | 3,453 (14.9%) |
| Vacant Housing Units | 1,331 ( 5.7%) |
| Median Home Value | $331,212 |
| Average Home Value | $356,744 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
21,024
Multi-Family
1,633
Businesses
1,775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1992
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38654, Olive Branch, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,231 (100%) |
| Owner Occupied HU | 18,447 (79.4%) |
| Renter Occupied HU | 3,453 (14.9%) |
| Vacant Housing Units | 1,331 ( 5.7%) |
| Median Home Value | $331,212 |
| Average Home Value | $356,744 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
21,024
Multi-Family
1,633
Businesses
1,775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Lance • Keller Williams Realty - MS
Mls Name: MLS United
Mls ID: #4108498
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.