10398 E 550thLocust GroveOK74352
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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 Locust Grove at 10398 E 550th, Locust Grove, OK, 74352 listed at $106,000 pairs $844/mo rent with a $519/mo payment to leave $167/mo cash flow. Total monthly income runs $844/mo, and annual cash flow reaches $2,003/yr on $35,139 cash to close. Return on cash invested measures 25.61% in year one, and rental yield registers 9.55% at a $106,000 basis. Equity gained on principal adds $684/yr, and annual property appreciation at 5% supports $29,286 by year five. Five-year ROI tracks 133.71% and total cumulative return in cash totals $46,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $844/mo property income relative to a $519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74352, Locust Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,808 (63.8%) |
| Renter Occupied HU | 548 (19.3%) |
| Vacant Housing Units | 480 (16.9%) |
| Median Home Value | $176,786 |
| Average Home Value | $241,052 |
Housing Distribution
Address Breakdown
Residential
2,245
Single Family
2,245
Multi-Family
0
Businesses
127
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Listed by: Peggie Claypool • LAKE COUNTRY REAL ESTATE INC
Mls Name: My State MLS
Mls ID: #11501347