1008 Scarlett DrOxfordMS38655
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Oxford at 1008 Scarlett Dr, Oxford, MS, 38655 uses $122,987 cash to close to unlock $9,264/yr annual cash flow and $772/mo monthly cash flow. Total monthly income runs $3,078/mo, and a $1,816/mo payment keeps the spread at $772/mo. Purchase price stands at $371,000, and rental yield measures 9.96% with $3,078/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $102,500 over five years. Five-year ROI reaches 143.26% and total cumulative return in cash records $176,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,078/mo property income covering a $1,816/mo payment rather than investor’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38655, Oxford, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,797 (100%) |
| Owner Occupied HU | 12,970 (46.7%) |
| Renter Occupied HU | 9,130 (32.8%) |
| Vacant Housing Units | 5,697 (20.5%) |
| Median Home Value | $326,779 |
| Average Home Value | $423,478 |
Housing Distribution
Address Breakdown
Residential
24,977
Single Family
19,826
Multi-Family
5,151
Businesses
2,118
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Listed by: N/A • N/A
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