For Sale

Newbury Dr

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

💰 Sign in to view price

📆 Sign in to view rent

🛏️ 5 Bedrooms

🛁 3 Baths

🏠 2217 SF

📐 Model –

🏡 Subdivision – Southbranch

🔨 Built in 2026

🏦 $4,925 Annual Property Tax

📫 $200 Annual HOA Fees

🛡️ $875 Insurance Premium

Property Description

7335 Newbury Drive offers investors an exceptional opportunity to own a newly constructed, high-quality home in Southbranch — one of Olive Branch’s most desirable and stable residential communities. This 5-bedroom, 3-bath Dove Front Load E plan delivers a thoughtfully designed 1,548-square-foot layout that balances livability, functionality, and low-maintenance ownership — ideal for long-term rental performance.

The open-concept main level maximizes natural light and flow, with durable finishes and modern design elements that appeal to today’s tenants. The kitchen is positioned at the heart of the home, offering generous counter space, energy-efficient appliances, and easy access to the living and dining areas. Upstairs, well-proportioned bedrooms and contemporary bathrooms provide comfort and privacy, while durable flooring, high-quality materials, and efficient systems help reduce turnover and maintenance costs over time.

Southbranch is a Class A residential community known for its quiet streets, modern construction, and proximity to Olive Branch’s growing employment centers. Just minutes from major highways and key retail corridors, residents enjoy convenient access to top-rated DeSoto County schools, nearby parks, and everyday amenities — features that make the area consistently attractive to families and professionals. The community’s strong infrastructure, local job growth, and connection to the greater Memphis metro area add long-term stability and investment upside.

This property represents the type of new-construction asset investors seek for portfolio diversification: a turnkey home in a growing suburban market with strong rental demand. Professionally managed and eligible for Meridian’s rent warranty program, 7335 Newbury offers investors peace of mind and predictable performance within one of the most resilient submarkets in the greater Memphis MSA.

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

📋

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 $413,900 and earn $2,650 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)

% 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

7335 Newbury Dr, Olive Branch, MS 38654

Property Details

Property Description

performance. The open-concept main level maximizes natural light and flow, with durable finishes and modern design elements that appeal to today’s tenants. The kitchen is positioned at the heart of the home, offering generous counter space, energy-efficient appliances, and easy access to the living and dining areas. Upstairs, well-proportioned bedrooms and contemporary bathrooms provide comfort and...

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 329
📐 Floor Plan - Dove Side Load E - 1548E
🇺🇸 County - DeSoto
🏦 $4,925 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

📍 7335 Newbury Dr, Olive Branch, MS 38654

Buy this property for $413,900 and earn $2,650 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 Southbranch 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

🏢 46,500 Population

💵 $375,000 Median Home Price

🛣️ 26 miles from Memphis

📊 Properties Available: 4

Subdivision: Southbranch

Southbranch offers a newer inventory of single-family homes in Olive Branch with a clear emphasis on size, layout efficiency, and long-term usability. Most homes fall between approximately 2,200 and 2,800 square feet with 4+ bedroom configurations, creating a product that supports stable occupancy while appealing to renters seeking more space than typically available in entry-level construction. The community is positioned directly behind a highly rated local school, a key factor that consistently supports demand and contributes to longer tenancy durations.

The neighborhood layout is straightforward and easy to manage, with consistent home styles, very large lot sizes, and low HOA costs that help keep operating expenses predictable. The overall environment is well-kept and established, contributing to a strong sense of stability within the community. Compared to older housing stock in the area, Southbranch stands out for its uniformity and condition, reducing variability across a portfolio while reinforcing a consistent neighborhood standard.

Within Olive Branch, this type of newer, larger-format housing continues to see strong leasing activity, particularly in areas with convenient access to retail, healthcare, and daily-use services. For investors, Southbranch represents a clean, standardized product in a location where school proximity, neighborhood stability, and overall upkeep combine to support reliable performance over time.

🛏️ 4+ Bedrooms

🛁 2.5+ Baths

🏠 2,217-2,848

📐 15 Floor plans

🏦 1.19% Tax

📬 $200 HOA

🛡️ $1000 Insurance