308 E Highland StHugoOK74743
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
Rental property for sale in Hugo at 308 E Highland St, Hugo, OK, 74743 offers $1,766/mo rent that, after a $1,224/mo payment, leaves $169/mo cash flow. Total monthly income is $1,766/mo, and annual cash flow is $2,029/yr on $82,875 cash. Return on cash invested measures 22.36% in year one, and rental yield stands at 8.48% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 116.3% and total cumulative return in cash reaches $96,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,766/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74743, Hugo, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,082 (48.7%) |
| Renter Occupied HU | 1,556 (36.4%) |
| Vacant Housing Units | 638 (14.9%) |
| Median Home Value | $148,311 |
| Average Home Value | $213,554 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,734
Multi-Family
61
Businesses
481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices