8939 Youngblood RdOlive 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
Rental property for sale in Olive Branch at 8939 Youngblood Rd, Olive Branch, MS, 38654 priced at $430,000 converts $2,763/mo rent into $126/mo cash flow after a $2,105/mo obligation. Total monthly income equals $2,763/mo, and annual cash flow totals $1,506/yr on $142,545 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 7.71% against a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation compiles into $118,801 by year five. Five-year ROI reaches 108.45% and total cumulative return in cash sums $154,587. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,763/mo property income covering a $2,105/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1.36 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: Alicia L Teeter • The Firm Real Estate LLC
Mls Name: MLS United
Mls ID: #4095910
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.