3506 Cascade CtOxfordNC27565
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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 3506 Cascade Ct, Oxford, NC, 27565 listed at $289,000 pairs $2,358/mo rent with a $1,415/mo payment to leave $596/mo cash flow. Total monthly income runs $2,358/mo, and annual cash flow reaches $7,154/yr on $95,804 cash to close. Return on cash invested measures 27.38% in year one, and rental yield registers 9.79% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 142.81% and total cumulative return in cash totals $136,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,358/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27565, Oxford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,501 (100%) |
| Owner Occupied HU | 7,184 (62.5%) |
| Renter Occupied HU | 3,174 (27.6%) |
| Vacant Housing Units | 1,143 ( 9.9%) |
| Median Home Value | $243,386 |
| Average Home Value | $289,159 |
Housing Distribution
Address Breakdown
Residential
10,333
Single Family
10,268
Multi-Family
65
Businesses
782
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Listed by: Rosa Torres • Patrick Properties, Inc
Mls Name: Doorify MLS
Mls ID: #10132763