8532 Cedar Crest LnOlive 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
Rental property for sale in Olive Branch at 8532 Cedar Crest Ln, Olive Branch, MS, 38654 priced at $550,000 pairs $3,742/mo rent with $376/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,742/mo, and annual cash flow comes to $4,515/yr on $180,950 invested. Return on cash invested is 22.56% in year one, and rental yield stands at 8.16% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 116.93% and total cumulative return in cash reaches $211,582. For financing, Ziffy Mortgage’s DSCR program evaluates $3,742/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
3 Acres 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: Jonathan L Bunch • Best Real Estate Company, Llc
Mls Name: MLS United
Mls ID: #4099306
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.