8935 Oak Branch 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 8935 Oak Branch Ln, Olive Branch, MS, 38654 offers $2,111/mo rent that, after a $1,341/mo payment, leaves $405/mo cash flow. Total monthly income is $2,111/mo, and annual cash flow is $4,864/yr on $90,831 cash. Return on cash invested measures 25.26% in year one, and rental yield stands at 9.25% at a $273,999 entry. Equity gained on principal adds $1,768/yr while 5% annual appreciation compounds into $75,701 by year five. Five-year ROI records 131.63% and total cumulative return in cash reaches $119,565. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,111/mo property income versus a $1,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2007
2,178 sqft lot
$N/A/sqft
$348 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
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Listed by: Angie Sandell • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4098458
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.