1038 S Little AveCushingOK74023
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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 Cushing at 1038 S Little Ave, Cushing, OK, 74023 generates $1,596/mo in rent and, after a $713/mo payment, leaves $666/mo in cash flow. Total monthly income is $1,596/mo, and annual cash flow is $7,990/yr on $48,266 invested. Return on cash invested sits at 36.46% in year one, and rental yield is 13.15% on a $145,600 entry. Equity gained on principal adds $940/yr, while 5% annual appreciation builds toward $40,227 over five years. Five-year ROI reaches 191.89% and total cumulative return in cash sums $92,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,596/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74023, Cushing, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,286 (100%) |
| Owner Occupied HU | 2,927 (55.4%) |
| Renter Occupied HU | 1,488 (28.1%) |
| Vacant Housing Units | 871 (16.5%) |
| Median Home Value | $180,256 |
| Average Home Value | $229,770 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,600
Multi-Family
100
Businesses
561
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