301 E Richmond TerMustangOK73064
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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 Mustang at 301 E Richmond Ter, Mustang, OK, 73064 offers a 8.62% rental yield on a $365,000 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,786/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,486/yr on $120,998 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 118.57% and total cumulative return in cash at $143,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73064, Mustang, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 7,896 (73.8%) |
| Renter Occupied HU | 2,321 (21.7%) |
| Vacant Housing Units | 484 ( 4.5%) |
| Median Home Value | $273,655 |
| Average Home Value | $303,435 |
Housing Distribution
Address Breakdown
Residential
10,911
Single Family
10,279
Multi-Family
632
Businesses
796
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