427 Cherokee DrOxfordMS38655
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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
Rental property for sale in Oxford at 427 Cherokee Dr, Oxford, MS, 38655 generates $3,146/mo in rent, after a $2,668/mo payment. Total monthly income is $3,146/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 6.93% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 96.73% and total cumulative return in cash sums $173,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,146/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38655, Oxford, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,797 (100%) |
| Owner Occupied HU | 12,970 (46.7%) |
| Renter Occupied HU | 9,130 (32.8%) |
| Vacant Housing Units | 5,697 (20.5%) |
| Median Home Value | $326,779 |
| Average Home Value | $423,478 |
Housing Distribution
Address Breakdown
Residential
24,977
Single Family
19,826
Multi-Family
5,151
Businesses
2,118
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Listed by: Joel Reeves • Cannon Cleary McGraw
Mls Name: NCMBR
Mls ID: #161661