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$1,050,000

For Sale - Active
7586 Allison Rd, Olive Branch, MS 38654
4 Beds
4 Baths
0 Square Feet
7.00 Acres Lot
Built in 1988
For Sale - Active
Units n/a
Checked: 15 hours ago
Updated: Aug 30, 2025 at 06:31PM

Investment Summary


Monthly Cash Flow
-$1,335
Cap Rate
4.2%
Cash-on-Cash Return
-6.6%
Debt Coverage Ratio
0.73
Internal Rate of Return (5 years)
-2.4%

Property Description


7.00 Acres Lot
Built in 1988
For Sale - Active
Units n/a

Extraordinary opportunity to own this 7 Acre Estate in #1 Lewisburg ~ Adorable Updated and Upgraded Farm Home with Detached Garage - Shop - Party Barn, Sun Room, Scullery Prep Kitchen, 2 Living Areas, Screen Porch & Cabana Outdoor Living ~ SELLERS OFFER A POTENTIAL 4.375% INTEREST RATE ~ 350 Foot Winding Driveway leads past a front pond up the hill to the homesite with 3700sf on the Main Level ~ Walkway past professional landscaping, Koi Pond, and Friends Entry leads to a Wrap-Around Front Porch with Brick Pavers and updated Coach Lights to a Double Door Entry with Updated LVP Wood Floors, Paint, and Fixtures throughout ~ Dining Room has Plantation Shutters and Barn Doors opening to a Chef's Kitchen with White GE Café Professional Appliances, Large Center Island, Custom Cabinets with Drawer Stack, Granite Bar, Floating Shelves, Concealed Coffee Bar / Appliance Garage, 6-Burner Gas Cook-Top with Full Vent Hood, and a corner Farm Sink with a View ~ Opens to Hearth Room / Keeping Room / Breakfast Area with updated lighting, Center Wood-Burning FP flanked by Built-Ins, opening to a Screen Porch with Brick Pavers and 2 Swings ~ Open, Vaulted Great Room with Brick FP, Built-In Bookshelves/Cabinets, Floor Outlets, and Large cased opening to the Sun Room with beautiful panoramic views ~ Primary Bedroom has LVP Wood Floors, Crown Molding, Updated Lighting, Double Doors to the Sun Room, and Barn Doors to the Primary Bath with Vaulted Soaker Tub area with ShipLap wainscoat, Plantation Shutters, Updated Lighting, Separate Designer Vanities, Walk-In Shower with Frameless Glass and Penny Tile Floors, Subway Tile to Ceiling, and 2 Walk-In Closets with Built-In Wood Shelving and Dressers ~ Laundry Room is down the Hall with Built-In Upper & Lower Cabinets, Sink, Granite Folding Counter, Floating Shelves, ShipLap Wall, and Broom Closet ~ Over-Sized Bedroom 2 is on the First Floor with Crown Molding, LVP Wood Floors, Updated Lighting and an Updated Private Bathroom ~ Friends Entry opens to a Mud Area with Cubbies, ½ Bath Powder Room, and a Scullery Prep Kitchen (craft room) ~ Upstairs find big Bedrooms 3 and 4 with Jack-n-Jill Bathroom in between, Off-Season Heated and Cooled Cedar Closet, and Walk-In Floored Attic ~ Outside offers an Extended Patio off the Sun Room and the Screened Porch leading to a 27 x 20 Cabana Outdoor Living Space with Metal Roof, Wood-Burning FP and Built-In Green Egg Grilling Station ~ Walkway leads to the 24 x 33 Detached Garage Party Barn with Insulated Plywood walls, AC and Heat, 110 & 220 Electric, Work Station with 10 outlets, and permanent stairs to a 15 x 28 Unfinished Expandable space that is framed and floored ~ 2 Side Porches / Carports are 11 x 36 each ~ Additional Features: Security System, 3 Gas Water Heaters, Central Vac, 5 year old Roof, Public Water and Well, Professional Landscaping all around, 15 Zone Irrigation System in Front and around Landscaping, Exterior Security Lighting, Gutters, and more...

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Location


Property Details


Parking

  • Description: Attached, Detached, Driveway, Garage, Garage Faces Side
  • Details: Attached, Detached, Detached Carport, Garage Door Opener, Garage Faces Side, Storage
  • Garage Spaces: 4
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 20
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Metal

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential (Assumed)

Lot Information

  • Parcel ID: 2064200300004000
  • Lot Size: 304920 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Farmhouse
  • Year Built: 1988

Tax Information

  • Annual Tax: $2,762

Utilities

  • Water & Sewer: Private, Public, Well
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric, Gas, Multi Units

Location

  • County: De Soto

Listing Details


Listed by:
Donnie R Chambliss
Crye-Leike Of MS-SH
(901) 355-2074

Source:
MLS United
MLS#: 4117647
MLS United

Investment Summary


Monthly Cash Flow
-$1,335
Cap Rate
4.2%
Cash-on-Cash Return
-6.6%
Debt Coverage Ratio
0.73
Internal Rate of Return (5 years)
-2.4%

Purchase Details

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Purchase price:
$1,050,000
Amount financed:
-$840,000
Down payment:
$210,000
Closing costs:
$31,500
Rehab costs:
$0
Initial cash invested:
$241,500
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$840,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$4,969
Property tax:
$230
Insurance:
$392
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,591

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,600 $67,200
Vacancy loss: (6%)
6% -$336 -$4,032
Operating income:
$5,264 $63,168

Operating Expenses


% Rent Monthly Yearly
Property taxes: (4%)
4%-$230-$2,762
Insurance: (7%)
7%-$392-$4,704
Property management: (8%)
8%-$448-$5,376
Repairs & maintenance: (5%)
5%-$280-$3,360
Capital expenditures: (5%)
5%-$280-$3,360
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (29%)
29%-$1,630-$19,562

Cash Flow


Monthly Yearly
Net operating income:
$3,634 $43,608
Mortgage payments:
-$4,969 -$59,628
Cash flow:
$1,335 $16,020