1901 Ridgecrest DrPerryOK73077
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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 Perry at 1901 Ridgecrest Dr, Perry, OK, 73077 offers a 8.92% rental yield on a $239,995 purchase with $1,784/mo rent. Total monthly income registers $1,784/mo, and a $1,175/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,012/yr on $79,558 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,306 over five years. Portfolio math shows five-year ROI at 123.38% and total cumulative return in cash at $98,161. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,784/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73077, Perry, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 2,050 (63.6%) |
| Renter Occupied HU | 705 (21.9%) |
| Vacant Housing Units | 467 (14.5%) |
| Median Home Value | $175,000 |
| Average Home Value | $278,622 |
Housing Distribution
Address Breakdown
Residential
2,872
Single Family
2,831
Multi-Family
41
Businesses
305
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Listed by: Michelle Leach • Realty ONE Group Champion - Perkins
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #132746
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.