403 E Kirk StHugoOK74743
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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 Hugo at 403 E Kirk St, Hugo, OK, 74743 generates $1,325/mo in rent and, after a $722/mo payment, leaves $383/mo in cash flow. Total monthly income is $1,325/mo, and annual cash flow is $4,596/yr on $48,896 invested. Return on cash invested sits at 29.31% in year one, and rental yield is 10.78% on a $147,500 entry. Equity gained on principal adds $952/yr, while 5% annual appreciation builds toward $40,752 over five years. Five-year ROI reaches 153.46% and total cumulative return in cash sums $75,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,325/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74743, Hugo, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,082 (48.7%) |
| Renter Occupied HU | 1,556 (36.4%) |
| Vacant Housing Units | 638 (14.9%) |
| Median Home Value | $148,311 |
| Average Home Value | $213,554 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,734
Multi-Family
61
Businesses
481
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Listed by: Anitra Babcock • Babcock Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522886
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.