1301 S Broadway AveAdaOK74820
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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 1301 S Broadway Ave, Ada, OK, 74820 with 5% annual appreciation on a $195,000 basis while $1,787/mo rent supports operations. Total monthly income totals $1,787/mo and a $954/mo payment preserves $542/mo for cash returns. Annual cash flow comes to $6,505/yr on $64,643 deployed, and return on cash invested reaches 29.97% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 11%. Five-year ROI measures 157.14% and total cumulative return in cash totals $101,578.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,787/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.29 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: Mickala Estabrooks • Sweeney & Associates
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2518393
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.