6574 Kay DrOlive 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 6574 Kay Dr, Olive Branch, MS, 38654 with 5% annual appreciation on a $425,000 basis while $3,364/mo rent supports operations. Total monthly income totals $3,364/mo and a $2,080/mo payment preserves $763/mo for cash returns. Annual cash flow comes to $9,161/yr on $140,888 deployed, and return on cash invested reaches 26.41% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 9.5%. Five-year ROI measures 137.64% and total cumulative return in cash totals $193,913.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,364/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.50 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
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Listed by: Michelle Jeffreys • Bill Sexton Realty
Mls Name: MLS United
Mls ID: #4085456
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.