312 S Sheets StOxfordIN47971
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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 312 S Sheets St, Oxford, IN, 47971 priced at $160,000 converts $1,301/mo rent into $341/mo cash flow after a $783/mo obligation. Total monthly income equals $1,301/mo, and annual cash flow totals $4,088/yr on $53,040 invested. Return on cash invested prints 27.62% in year one, and rental yield reads 9.76% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 143.96% and total cumulative return in cash sums $76,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,301/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1910
8,276 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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Listed by: Basil Parker • New Beginnings Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515610
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.