1109 Ranch Rd NAltusOK73521
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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 Altus at 1109 Ranch Rd N, Altus, OK, 73521 earns $313/mo cash flow from $2,178/mo rent with a $1,429/mo payment. Total monthly income totals $2,178/mo, and annual cash flow totals $3,761/yr on $96,798 capital. ROI tracks 23.79% on current figures, and rental yield reads 8.95% at a $292,000 purchase. Equity gained on principal adds $1,884/yr, and 5% annual appreciation supports $80,674 over five years. Five-year ROI reaches 123.95% and total cumulative return in cash sums $119,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,178/mo property income instead of your personal income.
Single Family
Built in 1980
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73521, Altus, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 4,554 (45.8%) |
| Renter Occupied HU | 3,594 (36.1%) |
| Vacant Housing Units | 1,805 (18.1%) |
| Median Home Value | $169,914 |
| Average Home Value | $192,760 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,384
Multi-Family
337
Businesses
612
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Listed by: SHERRELL NELSON • THE PROPERTY SHOPPE, LLC
Mls Name: Lawton BOR
Mls ID: #169818
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.