402 Flanders DrChickashaOK73018
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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 Chickasha at 402 Flanders Dr, Chickasha, OK, 73018 offers $1,620/mo rent that, after a $1,806/mo payment. Total monthly income is $1,620/mo. Return on cash invested measures 12.68% in year one, and rental yield stands at 5.27% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 64.37% and total cumulative return in cash reaches $78,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73018, Chickasha, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,266 (100%) |
| Owner Occupied HU | 4,577 (49.4%) |
| Renter Occupied HU | 3,162 (34.1%) |
| Vacant Housing Units | 1,527 (16.5%) |
| Median Home Value | $137,561 |
| Average Home Value | $183,341 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,814
Multi-Family
428
Businesses
836
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