120 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 120 Merion Blvd, Oxford, MS, 38655 priced at $515,500 converts $4,860/mo rent into $1,706/mo cash flow after a $2,523/mo obligation. Total monthly income equals $4,860/mo, and annual cash flow totals $20,466/yr on $169,600 invested. Return on cash invested prints 32.13% in year one, and rental yield reads 11.31% against a $515,500 entry. Equity gained on principal adds $3,326/yr, while 5% annual appreciation compiles into $142,423 by year five. Five-year ROI reaches 168.24% and total cumulative return in cash sums $285,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,860/mo property income covering a $2,523/mo payment, not borrower’s personal income.
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: #159528
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.