7041 Scarlet Dr #TZS4X9Olive 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 7041 Scarlet Dr #TZS4X9, Olive Branch, MS, 38654 offers a 9.86% rental yield on a $578,300 purchase with $4,750/mo rent. Total monthly income registers $4,750/mo, and a $2,830/mo payment leaves $1,212/mo available for distribution. Annual cash flow reaches $14,539/yr on $190,261 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $3,732/yr while 5% annual appreciation supports $159,774 over five years. Portfolio math shows five-year ROI at 144.5% and total cumulative return in cash at $274,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,750/mo property income against a $2,830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A 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: N/A • N/A
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Mls ID: #N/A