1000 W 13th StAdaOK74820
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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 Ada at 1000 W 13th St, Ada, OK, 74820 offers a 9.52% rental yield on a $119,000 purchase with $944/mo rent. Total monthly income registers $944/mo, and a $582/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,214/yr on $39,449 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 133.25% and total cumulative return in cash at $52,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $944/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74820, Ada, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,627 (51.5%) |
| Renter Occupied HU | 5,318 (35.9%) |
| Vacant Housing Units | 1,877 (12.7%) |
| Median Home Value | $199,780 |
| Average Home Value | $248,728 |
Housing Distribution
Address Breakdown
Residential
13,713
Single Family
13,158
Multi-Family
555
Businesses
1,259
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