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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Olive Branch at 7019 Scarlet St, Olive Branch, MS, 38654 offers $2,584/mo rent that, after a $2,961/mo payment. Total monthly income is $2,584/mo. Return on cash invested measures 13.17% in year one, and rental yield stands at 5.13% at a $604,900 entry. Equity gained on principal adds $3,903/yr while 5% annual appreciation compounds into $167,123 by year five. Five-year ROI records 66.61% and total cumulative return in cash reaches $132,566. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,584/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 38654, Olive Branch, MS area.
| 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 |
Residential
22,657
Single Family
21,024
Multi-Family
1,633
Businesses
1,775
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Richard W Floyd • Regency Realty, Llc
Mls Name: MLS United
Mls ID: #4100889
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
