24 Ridgecrest DrChickashaOK73018
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 Chickasha at 24 Ridgecrest Dr, Chickasha, OK, 73018 with 5% annual appreciation on a $225,000 basis while $1,846/mo rent supports operations. Total monthly income totals $1,846/mo and a $1,101/mo payment preserves $409/mo for cash returns. Annual cash flow comes to $4,912/yr on $74,588 deployed, and return on cash invested reaches 26.5% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 9.85%. Five-year ROI measures 138.45% and total cumulative return in cash totals $103,269.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,846/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73018, Chickasha, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,266 (100%) |
| Owner Occupied HU | 4,577 (49.4%) |
| Renter Occupied HU | 3,162 (34.1%) |
| Vacant Housing Units | 1,527 (16.5%) |
| Median Home Value | $137,561 |
| Average Home Value | $183,341 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,814
Multi-Family
428
Businesses
836
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices