7061 Reliance LnOlive 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 7061 Reliance Ln, Olive Branch, MS, 38654 at $485,000 posts ROI 23.51% with $483/mo cash flow from $3,451/mo rent. Total monthly income equals $3,451/mo, and annual cash flow records $5,795/yr on $160,778 to close. Return on cash invested measures 23.51% and rental yield reads 8.54% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 122.07% and total cumulative return in cash totals $196,262.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,451/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
8,276 sqft 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: Dee Lakes Lakes • Keller Williams Realty - MS
Mls Name: MLS United
Mls ID: #4098253
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.