702 Hamm StOxfordAL36203
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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 702 Hamm St, Oxford, AL, 36203 generates $1,099/mo in rent and, after a $930/mo payment, leaves $27/mo in cash flow. Total monthly income is $1,099/mo, and annual cash flow is $318/yr on $62,985 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 6.94% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash sums $66,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,099/mo property income rather than buyer’s personal income.
Multi Family
Built in 1943
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36203, Oxford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,430 (65.5%) |
| Renter Occupied HU | 2,146 (25.9%) |
| Vacant Housing Units | 709 ( 8.6%) |
| Median Home Value | $192,460 |
| Average Home Value | $243,739 |
Housing Distribution
Address Breakdown
Residential
8,023
Single Family
7,886
Multi-Family
137
Businesses
1,015
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Listed by: Alison Stocking • Good Faith Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21400441
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.