304 E Luin StOxfordIN47971
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 304 E Luin St, Oxford, IN, 47971 priced at $165,900 pairs $1,451/mo rent with $455/mo cash flow after a $812/mo payment. Total monthly income equals $1,451/mo, and annual cash flow comes to $5,461/yr on $54,996 invested. Return on cash invested is 29.84% in year one, and rental yield stands at 10.5% on a $165,900 basis. Equity gained on principal adds $1,071/yr, and 5% annual appreciation accumulates to $45,835 by year five. Five-year ROI measures 155.94% and total cumulative return in cash reaches $85,758. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $812/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47971, Oxford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 744 (100%) |
| Owner Occupied HU | 525 (70.6%) |
| Renter Occupied HU | 146 (19.6%) |
| Vacant Housing Units | 73 ( 9.8%) |
| Median Home Value | $145,975 |
| Average Home Value | $166,076 |
Housing Distribution
Address Breakdown
Residential
537
Single Family
537
Multi-Family
0
Businesses
38
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