Fix&Flip (Single Family): 6012 Vera Lane, Olive Branch, MS 38654 + $460,000
- Promise Land Realty
- 3 days ago
- 3 min read
Single Family Investment Opportunity
PRICE
$460,000
OFF-MARKET | OLIVE BRANCH, MS – LARGE EXECUTIVE HOME
6012 Vera Ln, Olive Branch, MS 38654
Rare off-market opportunity in one of DeSoto County’s most desirable submarkets. This spacious 4-bedroom, 3.5-bath single-family home offers approximately 4,200 sq ft of living space on a 0.69-acre lot, built in 2008, with a 3-car garage.
Asking Price: $460,000
After Repair Value (ARV): ~$670,000
Beds/Baths: 4 Bed / 3.5 Bath
Living Area: ~4,200 Sq Ft
Lot Size: 0.69 Acres
Year Built: 2008
Garage: 3-Car
Sold Comps:
4199 Robinson Xing – 5 beds, 4 baths, ~5,046 sq ft
SOLD: ~$730,000
6507 Shenandoah Ln – 4 beds, 3.5 baths, ~3,750 sq ft
SOLD: ~$539,800 • Nov 26, 2025
9200 Pontotoc Place, Olive Branch, MS – Large home (~3,500 sq ft, 6 beds/3.5 baths) that sold around ~$510,000
Active listings
9555 College Rd – ~$605,000, 5 beds/4.5 baths (~3,946 sq ft)
8209 Waterfall Way – ~$704,900, 4 beds/4 baths (~4,096 sq ft)
8811 Cole Rd – ~$725,000, 5 beds/3.5 baths (~3,300 sq ft)
Well-suited for a high-end flip, luxury buy-and-hold, or primary residence repositioning. Strong spread between basis and ARV with upside driven by square footage, lot size, and location within the Olive Branch school and retail corridor.
Off-market offering with limited exposure. Ideal for local DeSoto County buyers, Memphis-area investors, and owner-occupants seeking value with upside.
Please submit all offers directly to:investments@promiselandrealtyllc.com
Off-Market | Serious Investors Only
Please submit all offers directly to:investments@promiselandrealtyllc.com
Property Map
OFFICIAL PROMISELAND LENDING PARTNER
100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
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PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
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