11003 Covington WayOxfordMS38655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11003 Covington Way, Oxford, MS, 38655 earns $607/mo cash flow from $4,860/mo rent with a $3,402/mo payment. Total monthly income totals $4,860/mo, and annual cash flow totals $7,280/yr on $228,655 capital. ROI tracks 23.24% on current figures, and rental yield reads 8.39% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 120.6% and total cumulative return in cash sums $275,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,860/mo property income instead of your personal income.
Single Family
Built in 2010
0.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sylvia Tighe • Oxford Real Estate Collective
Mls Name: NCMBR
Mls ID: #162002