507 Park LnOxfordMS38655
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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 507 Park Ln, Oxford, MS, 38655 uses $86,157 cash to close to unlock $2,851/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,828/mo, and a $1,272/mo payment keeps the spread at $238/mo. Purchase price stands at $259,900, and rental yield measures 8.44% with $1,828/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 120.52% and total cumulative return in cash records $103,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,828/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Townhouse
Built in 1974
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: Mark Cleary • Cannon Cleary McGraw
Mls Name: NCMBR
Mls Provider:
Mls ID: #159444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.