1020 Lily LnOxfordMS38655
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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
Rental property for sale in Oxford at 1020 Lily Ln, Oxford, MS, 38655 priced at $475,500 converts $2,760/mo rent into after a $2,327/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 18.77% in year one, and rental yield reads 6.97% against a $475,500 entry. Equity gained on principal adds $3,068/yr, while 5% annual appreciation compiles into $131,372 by year five. Five-year ROI reaches 96.66% and total cumulative return in cash sums $152,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $2,327/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
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: Carla French Kisner • Nix-Tann Oxford
Mls Name: NCMBR
Mls Provider:
Mls ID: #160315
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.