1310 S Cherry 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
Rental property for sale in Ada at 1310 S Cherry St, Ada, OK, 74820 generates $954/mo in rent and, after a $661/mo payment, leaves $92/mo in cash flow. Total monthly income is $954/mo, and annual cash flow is $1,099/yr on $44,753 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 8.48% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash sums $52,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
9,060 sqft 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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