8188 Lakeview CvOlive 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 8188 Lakeview Cv, Olive Branch, MS, 38654 uses $206,612 cash to close to unlock $6,498/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $4,439/mo, and a $3,074/mo payment keeps the spread at $542/mo. Purchase price stands at $628,000, and rental yield measures 8.48% with $4,439/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $173,505 over five years. Five-year ROI reaches 120.51% and total cumulative return in cash records $248,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,439/mo property income covering a $3,074/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.50 Acres lot
$N/A/sqft
$650 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glen Haley • K.E.I.H. Realty
Mls Name: MLS United
Mls ID: #4085535
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.