9401 Austin DrOlive 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
Investment property for sale in Olive Branch at 9401 Austin Dr, Olive Branch, MS, 38654 uses $142,214 cash to close to unlock $5,994/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $3,125/mo, and a $2,100/mo payment keeps the spread at $499/mo. Purchase price stands at $429,000, and rental yield measures 8.74% with $3,125/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash records $178,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,125/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1 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: Les L Green • Home & Farms Inc
Mls Name: MLS United
Mls ID: #4095912
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.