402 Forest RdOxfordNC27565
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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 402 Forest Rd, Oxford, NC, 27565 uses $119,340 cash to close to unlock $1,392/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,762/mo payment keeps the spread at $116/mo. Purchase price stands at $360,000, and rental yield measures 7.7% with $2,310/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash records $130,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.43 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: Ann Hancock • C-21 Hancock Properties
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100416
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.