115 Hot Spur 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
Investment property for sale in Oxford at 115 Hot Spur Ln, Oxford, MS, 38655 listed at $755,000 pairs $4,860/mo rent with a $3,695/mo payment to leave $240/mo cash flow. Total monthly income runs $4,860/mo, and annual cash flow reaches $2,882/yr on $248,395 cash to close. Return on cash invested measures 21.22% in year one, and rental yield registers 7.72% at a $755,000 basis. Equity gained on principal adds $4,872/yr, and annual property appreciation at 5% supports $208,593 by year five. Five-year ROI tracks 109.76% and total cumulative return in cash totals $272,631. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,860/mo property income relative to a $3,695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
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: Stephanie R. Stewart • Southern Properties & Services
Mls Name: NCMBR
Mls Provider:
Mls ID: #160789
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.