2014 12th Ave NWArdmoreOK73401
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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 2014 12th Ave NW, Ardmore, OK, 73401 uses $77,438 cash to close to unlock $10,307/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,143/mo payment keeps the spread at $859/mo. Purchase price stands at $233,600, and rental yield measures 12.29% with $2,392/mo rent. Return on cash invested shows 33.22% in year one, and 5% annual appreciation builds toward $64,539 over five years. Five-year ROI reaches 174.7% and total cumulative return in cash records $135,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,143/mo payment rather than investor’s personal income.
Single Family
Built in 1973
N/A 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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