20532 State Highway 9MangumOK73554
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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 Mangum at 20532 State Highway 9, Mangum, OK, 73554 offers a 8.47% rental yield on a $225,000 purchase with $1,589/mo rent. Total monthly income registers $1,589/mo, and a $1,101/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,828/yr on $74,588 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 116.28% and total cumulative return in cash at $86,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,589/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
4.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73554, Mangum, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 955 (53.2%) |
| Renter Occupied HU | 384 (21.4%) |
| Vacant Housing Units | 457 (25.4%) |
| Median Home Value | $130,934 |
| Average Home Value | $166,864 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,382
Multi-Family
33
Businesses
199
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