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

Coming Soon

5324 John Nielsen Way

Olive Branch,

38654

💰 view price

📆 view estimated rent

🛏️ 5 Bedrooms

🛁 3 Baths

🏠 2217 SF

🔨 Built in 2025

Property Description

This five-bedroom, three-bath Dove E floor plan at 5324 John Nielsen Way is a standout opportunity for investors seeking high-quality, professionally managed Memphis investment properties. Located in Southbranch, one of Olive Branch’s premier new home communities, this 2,217 square foot home offers modern construction, thoughtful design, and durable finishes ideal for long-term tenant satisfaction and minimal maintenance.

The open-concept layout features a central living area anchored by a spacious kitchen with granite countertops, stainless steel appliances, and a center island. The main-level primary suite offers privacy and comfort, with a large walk-in closet and ensuite bath. Additional bedrooms and bathrooms are designed with flexibility in mind, appealing to a wide range of tenant needs. Energy-efficient systems and easy-to-maintain exterior materials further enhance the home’s appeal as a long-term rental asset.

Southbranch is located in Olive Branch, Mississippi—consistently ranked among the best places to live in the U.S. by outlets like Money magazine. This family-friendly community is zoned to the highly regarded DeSoto County School District and includes walkable access to local schools. Residents enjoy proximity to parks, golf courses, restaurants, and national retailers, with convenient access to Route 302/Goodman Road for commuting into Memphis. The area is also home to Methodist Olive Branch Hospital, recognized nationally for its care standards. This Class A investment property for sale is professionally managed and eligible for Meridian’s rent warranty program, providing peace of mind to out-of-state and 1031 exchange buyers looking to invest in a strong, stable rental market near Memphis.

Features + Upgrades

LVP flooring in common areas
Carpet in bedrooms
Ceramic tile in primary bathrooms
LVP flooring in bathrooms
Flat paint
Backsplashes in kitchen
Granite or quartz (upgrade) countertops
Cultured marble bathroom countertops
9′ or 10′ ceilings
Designer Lighting Package
Stainless steel dishwasher, microwave, gas range
Gas fireplace with modern mantle

📋

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

📊 Investment Overview

Buy this property for $409,990 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 Expenses

Mortgage Payment (P&I):

$22,000

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses (GSI):

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

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)

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year 5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Maintenance Rate (% of GOI)

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year 5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Property Mgmt Rate (% of GOI)

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year 5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Property Appreciation Rate

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year 5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Rent Appreciation Rate

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Expense Inflation Rate

% Advanced +

Year 1%

Year 2%

Year 3%

Year 4%

Year 5%

Year 6%

Year 7%

Year 8%

Year 9%

Year 10%

Sales Cost Rate (% of Price)

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

5324 John Nielsen Way, Olive Branch, MS 38654

Property Details

Property Description

minimal maintenance. The open-concept layout features a central living area anchored by a spacious kitchen with granite countertops, stainless steel appliances, and a center island. The main-level primary suite offers privacy and comfort, with a large walk-in closet and ensuite bath. Additional bedrooms and bathrooms are designed with flexibility in mind, appealing to a wide range...

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

🏡 Subdivision - Southbranch
📌 Lot 315
🌳 29,481 SF Lot
📐 Floor Plan - Dove Front Load E - 1548E
🇺🇸 County - DeSoto
🏦 $4,592 Annual Property Tax
🏡 $200 Annual HOA Fees

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

PRO FORMA

📍 5324 John Nielsen Way, Olive Branch, MS 38654

Buy this property for $409,990 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 Expenses

Mortgage Payment (P&I):

$22,000

Property Taxes:

$1579.50

Insurance Premium:

$725

HOA Fees:

$200

Vacancy Loss:

$200

Maintenance Costs:

$200

Property Management:

$200

Total Annual Expenses (GSI):

$27,000

Projected Income

Estimated Monthly Rent:

$2,600

$36,000

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.

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.