350 W Elder DrMustangOK73064
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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 Mustang at 350 W Elder Dr, Mustang, OK, 73064 uses $66,466 cash to close to unlock $5,951/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $1,776/mo, and a $981/mo payment keeps the spread at $496/mo. Purchase price stands at $200,500, and rental yield measures 10.63% with $1,776/mo rent. Return on cash invested shows 28.86% in year one, and 5% annual appreciation builds toward $55,394 over five years. Five-year ROI reaches 151.09% and total cumulative return in cash records $100,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,776/mo property income covering a $981/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73064, Mustang, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 7,896 (73.8%) |
| Renter Occupied HU | 2,321 (21.7%) |
| Vacant Housing Units | 484 ( 4.5%) |
| Median Home Value | $273,655 |
| Average Home Value | $303,435 |
Housing Distribution
Address Breakdown
Residential
10,911
Single Family
10,279
Multi-Family
632
Businesses
796
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