304 E Park BlvdLocust GroveOK74352
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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 Locust Grove at 304 E Park Blvd, Locust Grove, OK, 74352 with 5% annual appreciation on a $199,999 basis while $1,803/mo rent supports operations. Total monthly income totals $1,803/mo and a $979/mo payment preserves $526/mo for cash returns. Annual cash flow comes to $6,308/yr on $66,300 deployed, and return on cash invested reaches 29.42% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 10.82%. Five-year ROI measures 154.13% and total cumulative return in cash totals $102,188.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,803/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74352, Locust Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,808 (63.8%) |
| Renter Occupied HU | 548 (19.3%) |
| Vacant Housing Units | 480 (16.9%) |
| Median Home Value | $176,786 |
| Average Home Value | $241,052 |
Housing Distribution
Address Breakdown
Residential
2,245
Single Family
2,245
Multi-Family
0
Businesses
127
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Listed by: Gina Alvis Watts • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2507968
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.