1201 E 18th StAdaOK74820
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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 Ada at 1201 E 18th St, Ada, OK, 74820 uses $72,930 cash to close to unlock $7,284/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,077/mo payment keeps the spread at $607/mo. Purchase price stands at $220,000, and rental yield measures 11.35% with $2,080/mo rent. Return on cash invested shows 29.9% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 157.05% and total cumulative return in cash records $114,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1953
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74820, Ada, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,627 (51.5%) |
| Renter Occupied HU | 5,318 (35.9%) |
| Vacant Housing Units | 1,877 (12.7%) |
| Median Home Value | $199,780 |
| Average Home Value | $248,728 |
Housing Distribution
Address Breakdown
Residential
13,713
Single Family
13,158
Multi-Family
555
Businesses
1,259
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Listed by: Loretta Bush • Home Place Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2516955
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.