1412 S Locust AveWestvilleOK74965
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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 Westville at 1412 S Locust Ave, Westville, OK, 74965 priced at $163,800 pairs $1,283/mo rent with $237/mo cash flow after a $802/mo payment. Total monthly income equals $1,283/mo, and annual cash flow comes to $2,840/yr on $54,300 invested. Return on cash invested is 25.14% in year one, and rental yield stands at 9.4% on a $163,800 basis. Equity gained on principal adds $1,057/yr, and 5% annual appreciation accumulates to $45,255 by year five. Five-year ROI measures 131.15% and total cumulative return in cash reaches $71,215. For financing, Ziffy Mortgage’s DSCR program evaluates $1,283/mo property income against a $802/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74965, Westville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,922 (100%) |
| Owner Occupied HU | 1,081 (56.2%) |
| Renter Occupied HU | 534 (27.8%) |
| Vacant Housing Units | 307 (16.0%) |
| Median Home Value | $127,289 |
| Average Home Value | $163,113 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,480
Multi-Family
54
Businesses
110
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