Based on recent rent comps for Olive Branch, 3-bedroom homes typically command monthly rents between $1,150 and $1,425, but broader market data suggests the local median is trending higher, often around $1,540 to $1,760. For a 1,162 sq ft single-family home built in 1993, total annual revenue likely ranges from $13.8K to $17.1K. With a current estimated value near $220K, the payback period falls between 13 and 16 years. The Olive Branch market remains stable with 3-bedroom rentals in high demand, comprising nearly half of all rentals. The property’s manageable size and single-level layout appeal to families, though the 1993 build date may present minor upgrade needs. No major neighborhood or property-specific challenges are apparent.[1][2][3]

To boost rental income, consider light updates: fresh paint, modern fixtures, and energy-efficient appliances can justify higher rents and attract quality tenants. If selling, marketing the home’s 3-bedroom layout and strong rental demand is key. Highlight proximity to local amenities and the property’s fit for family renters. Investors should focus on curb appeal and minimal vacancy risk in this sought-after segment.