81 Ritch DrOxfordAL36203
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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 81 Ritch Dr, Oxford, AL, 36203 uses $76,212 cash to close to unlock $9,271/yr annual cash flow and $773/mo monthly cash flow. Total monthly income runs $2,070/mo, and a $1,125/mo payment keeps the spread at $773/mo. Purchase price stands at $229,900, and rental yield measures 10.8% with $2,070/mo rent. Return on cash invested shows 32.07% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 167.36% and total cumulative return in cash records $127,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.39 Acres 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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