116 Merion BlvdOxfordMS38655
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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 116 Merion Blvd, Oxford, MS, 38655 offers $4,860/mo rent that, after a $2,726/mo payment, leaves $1,452/mo cash flow. Total monthly income is $4,860/mo, and annual cash flow is $17,420/yr on $183,253 cash. Return on cash invested measures 29.57% in year one, and rental yield stands at 10.47% at a $557,000 entry. Equity gained on principal adds $3,594/yr while 5% annual appreciation compounds into $153,889 by year five. Five-year ROI records 154.5% and total cumulative return in cash reaches $283,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,860/mo property income versus a $2,726/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.37 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
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Listed by: Wil Matthews • Matthews Real Estate
Mls Name: NCMBR
Mls Provider:
Mls ID: #159527
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.