306 Park LnOxfordMS38655
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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 306 Park Ln, Oxford, MS, 38655 offers a 8.14% rental yield on a $259,000 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $1,268/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,061/yr on $85,859 to close, and return on cash invested stands at 22.31% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 115.62% and total cumulative return in cash at $99,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
N/A 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: Mark Cleary • Cannon Cleary McGraw
Mls Name: NCMBR
Mls ID: #162077