332 County Road 606OaklandMS38948
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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 Oakland at 332 County Road 606, Oakland, MS, 38948 offers a 10.27% rental yield on a $195,000 purchase with $1,669/mo rent. Total monthly income registers $1,669/mo, and a $954/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,713/yr on $64,643 to close, and return on cash invested stands at 28.75% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 150.2% and total cumulative return in cash at $97,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,669/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.37 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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Listed by: Cyndi Johnson • Bill Sexton Realty
Mls Name: NCMBR
Mls Provider:
Mls ID: #158955
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.