1808 Sommerset PlAltusOK73521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Altus at 1808 Sommerset Pl, Altus, OK, 73521 at $247,500 posts ROI 24.88% with $340/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $4,078/yr on $82,046 to close. Return on cash invested measures 24.88% and rental yield reads 9.31% at the current $247,500. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 by year five. Five-year ROI prints 129.75% and total cumulative return in cash totals $106,457.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73521, Altus, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 4,554 (45.8%) |
| Renter Occupied HU | 3,594 (36.1%) |
| Vacant Housing Units | 1,805 (18.1%) |
| Median Home Value | $169,914 |
| Average Home Value | $192,760 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,384
Multi-Family
337
Businesses
612
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