119 Chestnut St APT 64OxfordMS38655
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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 119 Chestnut St APT 64, Oxford, MS, 38655 earns $136/mo cash flow from $2,186/mo rent with a $1,640/mo payment. Total monthly income totals $2,186/mo, and annual cash flow totals $1,628/yr on $111,053 capital. ROI tracks 21.37% on current figures, and rental yield reads 7.83% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 110.63% and total cumulative return in cash sums $122,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,186/mo property income instead of your personal income.
Condo
Built in 1972
435.60 sqft 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: Ralph M Harvey • Listwithfreedom.Com
Mls Name: MLS United
Mls ID: #4137542