1400 Parker LnOxfordAL36203
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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 1400 Parker Ln, Oxford, AL, 36203 priced at $219,900 pairs $1,500/mo rent with $259/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,500/mo, and annual cash flow comes to $3,109/yr on $72,897 invested. Return on cash invested is 24.17% in year one, and rental yield stands at 8.19% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 125.05% and total cumulative return in cash reaches $91,156. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.47 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: Ruth Covington • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21405434
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.