4303 Carolyn Mitchell DrOlive BranchMS38654
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
Investment Highlights
Investment property for sale in Olive Branch at 4303 Carolyn Mitchell Dr, Olive Branch, MS, 38654 listed at $455,000 pairs $4,135/mo rent with a $2,227/mo payment to leave $1,351/mo cash flow. Total monthly income runs $4,135/mo, and annual cash flow reaches $16,208/yr on $150,833 cash to close. Return on cash invested measures 30.65% in year one, and rental yield registers 10.91% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 160.38% and total cumulative return in cash totals $241,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,135/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.28 Acres 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: Susanne Flynn • Flynn Realty
Mls Name: MLS United
Mls ID: #4126204