16 Q St SWArdmoreOK73401
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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 Ardmore at 16 Q St SW, Ardmore, OK, 73401 earns $207/mo cash flow from $1,216/mo rent with a $773/mo payment. Total monthly income totals $1,216/mo, and annual cash flow totals $2,490/yr on $52,344 capital. ROI tracks 24.67% on current figures, and rental yield reads 9.24% at a $157,900 purchase. Equity gained on principal adds $1,019/yr, and 5% annual appreciation supports $43,625 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash sums $67,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,216/mo property income instead of your personal income.
Single Family
Built in 1942
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73401, Ardmore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,795 (100%) |
| Owner Occupied HU | 9,303 (55.4%) |
| Renter Occupied HU | 5,587 (33.3%) |
| Vacant Housing Units | 1,905 (11.3%) |
| Median Home Value | $204,227 |
| Average Home Value | $252,648 |
Housing Distribution
Address Breakdown
Residential
15,845
Single Family
14,973
Multi-Family
872
Businesses
1,722
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Listed by: Claudia Kittrell • Claudia & Carolyn Realty Group
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522651
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.