117 Durango StCanadianOK74425
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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 Canadian at 117 Durango St, Canadian, OK, 74425 priced at $225,000 converts $1,195/mo rent into after a $1,101/mo obligation. Total monthly income equals $1,195/mo. Return on cash invested prints 16.02% in year one, and rental yield reads 6.37% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 82.29% and total cumulative return in cash sums $61,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,195/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74425, Canadian, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 314 (47.0%) |
| Renter Occupied HU | 55 ( 8.2%) |
| Vacant Housing Units | 299 (44.8%) |
| Median Home Value | $159,375 |
| Average Home Value | $191,075 |
Housing Distribution
Address Breakdown
Residential
353
Single Family
353
Multi-Family
0
Businesses
22
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