316 S Howerton AveCushingOK74023
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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 Cushing at 316 S Howerton Ave, Cushing, OK, 74023 priced at $130,700 pairs $1,356/mo rent with $521/mo cash flow after a $640/mo payment. Total monthly income equals $1,356/mo, and annual cash flow comes to $6,252/yr on $43,327 invested. Return on cash invested is 34.34% in year one, and rental yield stands at 12.45% on a $130,700 basis. Equity gained on principal adds $843/yr, and 5% annual appreciation accumulates to $36,110 by year five. Five-year ROI measures 180.6% and total cumulative return in cash reaches $78,247. For financing, Ziffy Mortgage’s DSCR program evaluates $1,356/mo property income against a $640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74023, Cushing, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,286 (100%) |
| Owner Occupied HU | 2,927 (55.4%) |
| Renter Occupied HU | 1,488 (28.1%) |
| Vacant Housing Units | 871 (16.5%) |
| Median Home Value | $180,256 |
| Average Home Value | $229,770 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,600
Multi-Family
100
Businesses
561
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