324 E Cedar StDurantOK74701
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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 Durant at 324 E Cedar St, Durant, OK, 74701 earns $280/mo cash flow from $1,302/mo rent with a $783/mo payment. Total monthly income totals $1,302/mo, and annual cash flow totals $3,364/yr on $53,040 capital. ROI tracks 26.25% on current figures, and rental yield reads 9.77% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 137.2% and total cumulative return in cash sums $72,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,302/mo property income instead of your personal income.
Single Family
Built in 1987
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
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