311 W LincolnCornOK73024
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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 Corn at 311 W Lincoln, Corn, OK, 73024 priced at $169,900 converts $1,499/mo rent into $414/mo cash flow after a $832/mo obligation. Total monthly income equals $1,499/mo, and annual cash flow totals $4,963/yr on $56,322 invested. Return on cash invested prints 28.72% in year one, and rental yield reads 10.59% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 150.38% and total cumulative return in cash sums $84,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,499/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73024, Corn, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 408 (100%) |
| Owner Occupied HU | 270 (66.2%) |
| Renter Occupied HU | 81 (19.9%) |
| Vacant Housing Units | 57 (14.0%) |
| Median Home Value | $139,130 |
| Average Home Value | $190,824 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
224
Multi-Family
12
Businesses
15
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