1101 Hamric Dr WOxfordAL36203
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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 1101 Hamric Dr W, Oxford, AL, 36203 uses $37,420 cash to close to unlock $8,014/yr annual cash flow and $668/mo monthly cash flow. Total monthly income runs $1,372/mo, and a $552/mo payment keeps the spread at $668/mo. Purchase price stands at $112,880, and rental yield measures 14.59% with $1,372/mo rent. Return on cash invested shows 41.32% in year one, and 5% annual appreciation builds toward $31,187 over five years. Five-year ROI reaches 217.76% and total cumulative return in cash records $81,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,372/mo property income covering a $552/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36203, Oxford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,430 (65.5%) |
| Renter Occupied HU | 2,146 (25.9%) |
| Vacant Housing Units | 709 ( 8.6%) |
| Median Home Value | $192,460 |
| Average Home Value | $243,739 |
Housing Distribution
Address Breakdown
Residential
8,023
Single Family
7,886
Multi-Family
137
Businesses
1,015
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Listed by: Jeff Slick • Freedom Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21391853
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.