10238 March Meadows WayOlive BranchMS38654
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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
Investment Highlights
Investment property for sale in Olive Branch at 10238 March Meadows Way, Olive Branch, MS, 38654 listed at $379,995 pairs $2,584/mo rent with a $1,860/mo payment to leave $221/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $2,652/yr on $125,968 cash to close. Return on cash invested measures 22.01% in year one, and rental yield registers 8.16% at a $379,995 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,986 by year five. Five-year ROI tracks 114.2% and total cumulative return in cash totals $143,855. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
$450 annually 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
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Listed by: Dernetta J Newton • Coldwell Banker Collins-Maury Southaven
Mls Name: MLS United
Mls ID: #4100712
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.