425 Deerwood Park DrOaklandMS38948
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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 425 Deerwood Park Dr, Oakland, MS, 38948 listed at $245,000 pairs $1,825/mo rent with a $1,199/mo payment to leave $309/mo cash flow. Total monthly income runs $1,825/mo, and annual cash flow reaches $3,711/yr on $81,218 cash to close. Return on cash invested measures 24.48% in year one, and rental yield registers 8.94% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 127.38% and total cumulative return in cash totals $103,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,825/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
3 Acres lot
$N/A/sqft
$200 annually 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: Kelly L Powell • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4080019
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.