8042 Old Addison Dr, Olive Branch, MS, 38654 | $660/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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8042 Old Addison Dr, Olive Branch, MS, 38654 | $660/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Rental property for sale in Olive Branch at 8042 Old Addison Dr, Olive Branch, MS, 38654 priced at $534,900 converts $4,025/mo rent into $660/mo cash flow after a $2,618/mo obligation. Total monthly income equals $4,025/mo, and annual cash flow totals $7,921/yr on $175,982 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 9.03% against a $534,900 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,783 by year five. Five-year ROI reaches 127.92% and total cumulative return in cash sums $225,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,025/mo property income covering a $2,618/mo payment, not borrower’s personal income.

Single Family

Built in 2024

8,276 sqft lot

$N/A/sqft

$1,100 annually HOA

More details about the property

READY NOW!!! Dawkins Farm: A community in Olive Branch. This Lewis floor plan is a 3270 square foot home featuring 9 foot ceilings downstairs and 8 foot ceilings upstairs, as well as open concept living.

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

Price History

Date	Event	Price
2025-01-14	Price change	$534,900
2024-02-26	Listed for sale	$554,900

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2023-01-28	$767.70	N/A	$5,625	N/A
2022-01-28	$767.70	N/A	$5,625	N/A
2021-01-28	$767.70	N/A	$5,625	N/A

Nearby investment properties with comparable rents

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5 Bed
4 Bath
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3542 Marcia Louise Dr #D, Southaven, MS, 38672

5 Bed
6 Bath
5688 sft

4686 Crystal Springs Cv, Olive Branch, MS, 38654

4 Bed
4 Bath
3568 sft

1735 Keenlan Dr, Hernando, MS, 38632

Nearby investment properties with comparable prices

5 Bed
5 Bath
3200 sft

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 2024
Architectural Style: Traditional
Building Area: 3,270
Living Area: 3,270 sqft
Property Condition: N/A

Features & Amenities

Heating: Central
Cooling: Central Air
Flooring: Carpet, Tile, Wood
Interior Features: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s)
Exterior Features: None
Parking Features: Attached, Garage Door Opener, Garage Faces Side

Location

City: Olive Branch
State: MS
Subdivision: Dawkins Farm
Lot Size: 8,276 sqft
Lot Features: Landscaped
View: N/A

HOA & Fees

HOA Fee: $1,100 annually
Association Fee: $1,100 annually
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: Management

Utilities

Utilities: Cable Available, Electricity Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Road Surface Type: N/A

School Information

Elementary School: Olive Branch
Middle School: Olive Branch
High School: Olive Branch

Listed by: Richard W Floyd • Regency Realty, Llc

Mls Name: MLS United

Mls ID: #4071752

8042 Old Addison Dr,Olive Branch,MS,38654

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Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

8042 Old Addison DrOlive BranchMS38654