3003 Red Cedar RdArdmoreOK73401
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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
Rental property for sale in Ardmore at 3003 Red Cedar Rd, Ardmore, OK, 73401 generates $2,011/mo in rent and, after a $1,175/mo payment, leaves $394/mo in cash flow. Total monthly income is $2,011/mo, and annual cash flow is $4,728/yr on $79,560 invested. Return on cash invested sits at 25.85% in year one, and rental yield is 10.05% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 135.42% and total cumulative return in cash sums $107,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,011/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
2.50 Acres 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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Listed by: Brandi Hull • Turn Key Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2525629
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.