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$249,900

-$98/mo

Estimated monthly Section 8 cashflow

6365 Oak Leaf Dr, Olive Branch, MS 38654

Olive Branch, MS 38654

3 bd · 2 ba · 1,596 sqft · Built 2001

Est. rent $2,230/mo · ZIP-level SAFMR

6365 Oak Leaf Dr, Olive Branch, MS 38654

Olive Branch, MS 38654

-$98/mo

3 bd · 2 ba · 1,596 sqft · Built 2001

Est. rent $2,230/mo · ZIP-level SAFMR

Fair Market Rent

3-bedroom · this ZIP

2024—

2025$2,300

2026$2,230

Housing authority

The Housing Authority of the City of Holly Springs
700 Highway 4 E, Holly Springs, MS, 38635
MS062
Phone6012522971
Emailadmin@hollyhousing.org
Vouchers90 vouchers

Area statistics

ACS 2022

Median income

$96k

Median home value

$262k

Population

56k

Homeownership

83.8%

Avg DOM

Market rent

—

Estimated monthly cashflow

-$98

Cap rate5.6%Cash-on-cash-1.7%DSCR0.92

Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.

5-year projection

FRED-driven

Total cashflow

$7,243

Appreciation

$39,803

Total return

67%

Annualized IRR

10.8%

Yr	Rent	NOI	Cashflow	Value
1	$27,894	$14,913	-$353	$257,397
2	$29,077	$15,771	$505	$265,119
3	$30,310	$16,671	$1,405	$273,072
4	$31,595	$17,615	$2,349	$281,265
5	$32,934	$18,605	$3,339	$289,703

Rent growth 4.2% · Trailing 36-month CAGR of CPI rent of primary residence (capped to 1.5–7.0%).

Appreciation 3.0% · Fallback — HPI series not yet ingested.

Mortgage rate 6.51% · Latest Freddie Mac PMMS 30-year fixed (FRED MORTGAGE30US).

Year 5 value $289,703. Excludes principal paydown and resale costs. Estimates only.

Location

Map of 6365 Oak Leaf Dr, Olive Branch, MS 38654

Open in Google Maps

Safety

FBI 2025

Safety index

7.6/ 10

Violent / 100k

222

Property / 100k

1,272

Description

Welcome to Olive Branch! This super cute 3-bedroom, 2-bath brick home in the desirable Magnolia Lakes neighborhood is the one you've been waiting for. Perfect for first-time homebuyers, downsizers, or anyone looking for a move-in ready family home, this property offers comfort, charm, and value all in one. Step inside to find a functional layout with inviting living spaces, spacious bedrooms, vaulted ceilings, and plenty of natural light. Outside, enjoy a fenced backyard that's ideal for kids, pets, entertaining, or relaxing evenings at home. Located in the heart of Olive Branch, you'll love being close to shopping, dining, schools, and everything DeSoto County has to offer. Affordable homes in Magnolia Lakes don't last long - schedule your private showing today before this one is gone!

-$98/mo

$249,900