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Newbury Drive

Name: Meridian Pacific Properties | Real Estate Investment Rentals in Memphis
Address: 2760 Colony Park Drive, Suite 103, Memphis, TN, 38118, US
Telephone: (901) 300-2260
Price range: $300,000 - $500,000

Olive Branch,

38654

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🛏️ 5 Bedrooms

🛁 3 Baths

🏠 2201 SF

📐 Model –

🌳 30000 SF Lot

🔨 Built in 2025

🏦 $0 Annual Property Tax

🛡️ $1000 Insurance Premium

Property Description

Located in the highly regarded Southbranch community of Olive Branch, MS, this new construction property at 7552 Newbury Drive delivers the features today’s renters want—and the long-term value investors need. The home is built on The Blue Jay floor plan, a popular and well-tested design that balances spaciousness, functionality, and architectural appeal. With five bedrooms and three full bathrooms spread across two levels, it offers excellent versatility for families and work-from-home professionals alike. Inside, you’ll find thoughtful upgrades that enhance both daily comfort and investment performance. Vaulted ceilings and an electric fireplace elevate the main living space, while the kitchen stands out with stainless-steel appliances, granite countertops, an oversized island, walk-in pantry, and peninsula-style breakfast area. The layout is designed for privacy, with a split bedroom plan and a secluded primary suite featuring double vanities, dual walk-in closets, a soaking tub, and separate shower. A bonus room and upstairs bedroom with bath offer flexible living space that adapts to a tenant’s evolving needs. Southbranch is a desirable neighborhood just south of Memphis, offering the peace of suburban living alongside easy access to major job centers, schools, retail, and interstate corridors. Olive Branch is consistently ranked among the best places to live in the state, thanks to its quality infrastructure, schools, and strong population growth. As part of the greater Memphis MSA, it benefits from a diversified economy, low property taxes, and ongoing migration from higher-cost states. This home is professionally managed and eligible for Meridian’s rent warranty program, providing predictable returns and hands-off ownership for investors. With its new construction durability, modern layout, and prime suburban location, this property is an excellent turnkey opportunity for anyone seeking Memphis-area investment properties or a 1031 exchange replacement.

Features + Upgrades

📋

Interested in this property?

Connect with a Meridian investment advisor to ask questions, evaluate the numbers, and explore how this property fits your goals. Theres no pressure — just expert guidance.

📊 Investment Overview

Buy this property for $404,990 and earn $2,625 per month in estimated rent.

Initial Investment

Purchase Price:

$380,000

Down Payment (30%):

$150,000

Closing Costs & Fees:

$6,000

Total Cash Investment:

$156,000

Financing Details

Loan Amount (70%):

$300,000

Mortgage Rate:

6.25%

Monthly Mortgage Payment:

$2400

Annual Mortgage Payment:

$22,000

Annual Expenses

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses:

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

Monthly Before Tax Cash Flow :

$6,000

Annual Before Tax Cash Flow :

$6,000

Net Operating Income (NOI) :

$6,000

Metrics & ROI

10-Year Internal Rate of Return:

11.9%

10-Year Avg. Cash-On-Cash ROI:

3.9%

Cash-On-Cash ROI + Debt Paydown ROI:

7.4%

Capitalization Rate (First Year):

5.9%

Real Estate Value in 10 Years:

$9000

Economic Assumptions

Year:

Y10

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

INITIAL INVESTMENT

Purchase Price

Closing Costs & Fees

Down Payment

50%

Mortgage Rate
(30 Yr Fixed)

50%

INCOME AND EXPENSES

Monthly Rent*

Annual Property Tax

Annual Insurance Premium

Annual HOA Fees

ECONOMIC ASSUMPTIONS

Mode: SIMPLE

Vacancy Rate (% of GSI)

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INVESTMENT AND DEBT SERVICE CALCULATIONS

Property Purchase Price

Down Payment

Closing Costs & Fees

Total Cash Investment

DEBT SERVICE SUMMARY

Amount Financed

Debt Service (P&I), Monthly

Debt Service (P&I), Annual

KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)

10-Year Average Cash-On-Cash ROI

Avg 10-Year CoC

Cash-On-Cash ROI + Debt Paydown ROI

Avg 10-Year CoC + Debt Paydown ROI, Excl. Appreciation

Capitalization Rate (First Year)

First Year Net Operating Income ÷ Purchase Price

10-Year Internal Rate of Return

IRR per Year

About These Calculations

All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.

Investment Property Report

7552 Newbury Drive, Olive Branch, 38654

Property Details

Property Description

and three full bathrooms spread across two levels, it offers excellent versatility for families and work-from-home professionals alike. Inside, you’ll find thoughtful upgrades that enhance both daily comfort and investment performance. Vaulted ceilings and an electric fireplace elevate the main living space, while the kitchen stands out with stainless-steel appliances, granite countertops, an oversized island, walk-in...

Property Type

Turnkey Rental

Start earning rental income immediately. This turnkey property will be move-in ready for tenants the day you close escrow. Our local property management team will take care of everything for you.

New Construction

This is a brand new home that has never been lived in. New construction homes typically have the highest overall ROI of any single-family rental property.

Build-to-Rent

Meridian’s build-to-rent properties are designed to attract and retain long-term tenants. We use durable materials, modern amenities, and open floor plans

Class A Property

This property is rated Class A. It is a top-tier property in a desirable neighborhood, featuring premium construction, modern finishes, and strong rental demand—ideal for stable appreciation and high-quality tenants.

Property Location

📌 Lot 340
🌳 30,000 SF Lot
🇺🇸 County - DeSoto
🏦 $0 Annual Property Tax

Interested in this property? Call or text (901) 300-2260 to speak to an investment advisor.

PRO FORMA

📍 7552 Newbury Drive, Olive Branch, 38654

Buy this property for $404,990 and earn $2,625 per month in estimated rent.

Initial Investment

Purchase Price:

$380,000

Down Payment (30%):

$150,000

Closing Costs & Fees:

$6,000

Total Cash Investment:

$156,000

Financing Details

Loan Amount (70%):

$300,000

Mortgage Rate:

6.25%

Monthly Mortgage Payment:

$2400

Annual Mortgage Payment:

$22,000

Annual Expenses

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses:

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

Monthly Before Tax Cash Flow :

$6,000

Annual Before Tax Cash Flow :

$6,000

Net Operating Income (NOI) :

$6,000

Metrics & ROI

10-Year Internal Rate of Return:

11.9%

10-Year Avg. Cash-On-Cash ROI:

3.9%

Cash-On-Cash ROI + Debt Paydown ROI:

7.4%

Capitalization Rate (First Year):

5.9%

Real Estate Value in 10 Years:

$9000

Economic Assumptions

Year:

Y10

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Vacancy Rate (% of GSI):

Maintenance Rate (% of GOI):

Property Mgmt Rate (% of GOI):

10%

Property Appreciation Rate:

Rent Appreciation Rate:

3.5%

Expense Inflation Rate:

Sales Cost Rate (% of Price):

Interested in this property? Call or text (901) 300-2260 to speak to an investment advisor.

Incentives for Investors

Limited time offer. Call (901) 300-2260 to lock in your savings.

Speak with an investment property advisor.

Brian Conlon, Business Development

Investing In Olive Branch Real Estate

As the developer, Meridian can build investment properties anywhere we want. We carefully identify suburban submarkets that are likely to yield strong returns. We look for prime locations, stand out rankings, and close proximity to major employers. This is why we built the subdivision of this subdivision in Olive Branch, Mississippi.

Olive Branch

Consistently ranked a best place to live in America
Ranked No 36 in the nation on Fortune Well’s list of the “Best Places to Raise a Family” in 2023
Some of the highest performing public schools in the state of Mississippi
Well-maintained community parks and active recreation programs
Prime location – conveniently located near some of the area’s largest employers and just 20 minutes from downtown Memphis
Home to Methodist Olive Branch Hospital, named to Newsweek’s 2021 list of “Best Maternity Hospitals”
Homes tend to lease quickly and command high rents; resident typically occupy their rental longer
Show More

Olive Branch, Mississippi offers a compelling opportunity for investors seeking a market built on solid economic fundamentals. Located within the greater Memphis metropolitan area, Olive Branch benefits from an economy driven by logistics, manufacturing, and regional expansion—but at acquisition prices far below those in most major metros. The median household income in Olive Branch is nearly $100,000, well above the state average, reflecting a strong local tenant base with stable employment. Home values have shown consistent appreciation, with median prices in the low $400,000 range and per-square-foot pricing around $160 in 2025.

A key advantage for investors is Olive Branch’s access to regional employment and infrastructure. Situated just outside of Memphis, the city connects easily to major transportation corridors, including U.S. Route 78 and Goodman Road, and benefits from the presence of globally recognized employers such as FedEx, Nike, and Amazon. With over 80 distribution, manufacturing, and logistics companies operating in DeSoto County, the job base remains diverse and resilient, creating a consistent pipeline of working-class professionals seeking high-quality rental housing near employment centers.

Population growth continues steadily, with current estimates placing Olive Branch between 45,000 and 50,000 residents. The cost of living remains below the national average, while property taxes are comparatively low, helping investors achieve stronger net yields. Affordable entry prices, combined with rental demand supported by employment stability, create favorable conditions for both cash flow and long-term appreciation.

The local housing market offers modern communities, durable new construction, and well-maintained neighborhoods that appeal to long-term residents. Newer subdivisions are built with efficient materials, energy-saving systems, and layouts that accommodate today’s lifestyles—all features that reduce maintenance costs and attract quality tenants. With high owner-occupancy rates and stable leasing activity, Olive Branch provides investors with predictable performance and limited vacancy exposure.

Quality of life remains a defining characteristic of this market. Olive Branch is part of the DeSoto County School District, one of the highest-rated in the state, and features abundant green space, parks, and recreational areas. The city offers a balance of suburban comfort and urban convenience, with local shops, dining, and medical facilities such as Methodist Olive Branch Hospital nearby. While many U.S. suburbs are experiencing rising costs and regulatory pressures, Olive Branch maintains a balanced environment—affordable, efficient, and welcoming to investment.

From an investor’s perspective, Olive Branch represents a rare combination of affordability, rental stability, and growth potential within a thriving regional economy. The area’s proximity to Memphis, access to major employers, and solid economic and demographic trends position it as one of the most promising submarkets in the Memphis MSA for long-term single-family rental investments. For those seeking predictable returns and portfolio growth, Olive Branch stands out as a market where fundamentals—not speculation—drive performance.

Sources:
point2homes.com – Olive Branch demographics
realtor.com – Olive Branch housing market overview
datausa.io – Olive Branch economic and population data
homesnacks.com – Olive Branch cost of living and growth metrics