638 Cottage Grove CirOxfordMS38655
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Nearby investment properties with comparable prices
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 638 Cottage Grove Cir, Oxford, MS, 38655 priced at $423,500 converts $2,760/mo rent into $168/mo cash flow after a $2,073/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $2,019/yr on $140,390 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 7.82% against a $423,500 entry. Equity gained on principal adds $2,733/yr, while 5% annual appreciation compiles into $117,005 by year five. Five-year ROI reaches 110.49% and total cumulative return in cash sums $155,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $2,073/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
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: Cassidy Shoemake • Crye-Leike Oxford Real Estate
Mls Name: NCMBR
Mls ID: #161800