311 W Ash StLexingtonOK73051
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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 Lexington at 311 W Ash St, Lexington, OK, 73051 with 5% annual appreciation on a $135,000 basis while $1,175/mo rent supports operations. Total monthly income totals $1,175/mo and a $661/mo payment preserves $313/mo for cash returns. Annual cash flow comes to $3,751/yr on $44,753 deployed, and return on cash invested reaches 28.29% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 10.44%. Five-year ROI measures 148.1% and total cumulative return in cash totals $66,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,175/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73051, Lexington, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,010 (66.1%) |
| Renter Occupied HU | 665 (21.9%) |
| Vacant Housing Units | 366 (12.0%) |
| Median Home Value | $234,697 |
| Average Home Value | $304,837 |
Housing Distribution
Address Breakdown
Residential
2,785
Single Family
2,785
Multi-Family
0
Businesses
117
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