24864 Norte RdPurcellOK73080
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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 Purcell at 24864 Norte Rd, Purcell, OK, 73080 listed at $369,999 pairs $2,616/mo rent with a $1,811/mo payment to leave $253/mo cash flow. Total monthly income runs $2,616/mo, and annual cash flow reaches $3,037/yr on $122,655 cash to close. Return on cash invested measures 22.39% in year one, and rental yield registers 8.48% at a $369,999 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 116.41% and total cumulative return in cash totals $142,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73080, Purcell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,759 (100%) |
| Owner Occupied HU | 3,163 (66.5%) |
| Renter Occupied HU | 1,180 (24.8%) |
| Vacant Housing Units | 416 ( 8.7%) |
| Median Home Value | $235,078 |
| Average Home Value | $259,913 |
Housing Distribution
Address Breakdown
Residential
3,889
Single Family
3,832
Multi-Family
57
Businesses
461
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