111 Hickory DrOxfordAL36203
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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 111 Hickory Dr, Oxford, AL, 36203 offers a 9.73% rental yield on a $184,900 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $905/mo payment leaves $443/mo available for distribution. Annual cash flow reaches $5,317/yr on $61,294 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 148.8% and total cumulative return in cash at $91,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.42 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: Kimberly Young • ERA King Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416326
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.