8849 Parkview Oaks CirOlive 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 8849 Parkview Oaks Cir, Olive Branch, MS, 38654 earns $207/mo cash flow from $2,170/mo rent with a $1,306/mo payment. Total monthly income totals $2,170/mo, and annual cash flow totals $2,485/yr on $88,477 capital. ROI tracks 22.72% on current figures, and rental yield reads 9.76% at a $266,900 purchase. Equity gained on principal adds $1,722/yr, and 5% annual appreciation supports $73,740 over five years. Five-year ROI reaches 119.49% and total cumulative return in cash sums $105,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.
Condo
Built in 2007
2,178 sqft lot
$N/A/sqft
$330 monthly 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: Leigh Anne Boyd • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4077437
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.