16000 N Hogback RdLutherOK73054
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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 Luther at 16000 N Hogback Rd, Luther, OK, 73054 listed at $1,275,000 pairs $4,752/mo rent with a $6,240/mo payment. Total monthly income runs $4,752/mo. Return on cash invested measures 10.52% in year one, and rental yield registers 4.47% at a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and annual property appreciation at 5% supports $352,259 by year five. Five-year ROI tracks 52.68% and total cumulative return in cash totals $217,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,752/mo property income relative to a $6,240/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
12.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73054, Luther, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,971 (100%) |
| Owner Occupied HU | 1,497 (76.0%) |
| Renter Occupied HU | 293 (14.9%) |
| Vacant Housing Units | 181 ( 9.2%) |
| Median Home Value | $263,957 |
| Average Home Value | $340,050 |
Housing Distribution
Address Breakdown
Residential
1,711
Single Family
1,711
Multi-Family
0
Businesses
92
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