321 County Road 204OaklandMS38948
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
Investment property for sale in Oakland at 321 County Road 204, Oakland, MS, 38948 offers a 7.8% rental yield on a $236,100 purchase with $1,534/mo rent. Total monthly income registers $1,534/mo, and a $1,156/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,065/yr on $78,267 to close, and return on cash invested stands at 21.27% in year one. Equity gained on principal adds $1,524/yr while 5% annual appreciation supports $65,230 over five years. Portfolio math shows five-year ROI at 110.06% and total cumulative return in cash at $86,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $1,156/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38948, Oakland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,204 (100%) |
| Owner Occupied HU | 780 (64.8%) |
| Renter Occupied HU | 170 (14.1%) |
| Vacant Housing Units | 254 (21.1%) |
| Median Home Value | $86,447 |
| Average Home Value | $118,173 |
Housing Distribution
Address Breakdown
Residential
1,018
Single Family
1,018
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
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