429 Northpointe Lake 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
Investment property for sale in Oxford at 429 Northpointe Lake Dr, Oxford, MS, 38655 with 5% annual appreciation on a $306,170 basis while $5,621/mo rent supports operations. Total monthly income totals $5,621/mo and a $1,499/mo payment preserves $3,747/mo for cash returns. Annual cash flow comes to $44,963/yr on $101,495 deployed, and return on cash invested reaches 64.21% in year one. Equity gained on principal adds $1,976/yr, and five-year appreciation sums $84,589 alongside rental yield of 22.03%. Five-year ROI measures 340.3% and total cumulative return in cash totals $345,389.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,621/mo property income versus a $1,499/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A 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: N/A • N/A
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Mls ID: #N/A