11516 SW 38th StMustangOK73064
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 11516 SW 38th St, Mustang, OK, 73064 in Mustang speaks for itself: 11.35% gross on a $262,990 price, generating $2,488/mo in rent and $808/mo in net income after the $1,247/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,697 stacks alongside $72,659 in projected five-year appreciation and $2,205/yr in principal reduction. Projected total cumulative return: $147,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.0% |
| Monthly Cash Flow | $808 | $145 |
City averages based on Mustang market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,488 |
| Total Monthly Debt Service | $1,639 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73064, Mustang, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 7,896 (73.8%) |
| Renter Occupied HU | 2,321 (21.7%) |
| Vacant Housing Units | 484 ( 4.5%) |
| Median Home Value | $273,655 |
| Average Home Value | $303,435 |
Housing Distribution
Address Breakdown
Residential
10,911
Single Family
10,279
Multi-Family
632
Businesses
796
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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
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Nearby investment properties with comparable prices
