403 S Cimarron AveDrumrightOK74030
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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 Drumright at 403 S Cimarron Ave, Drumright, OK, 74030 with 5% annual appreciation on a $113,000 basis while $897/mo rent supports operations. Total monthly income totals $897/mo and a $553/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,105/yr on $37,460 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $729/yr, and five-year appreciation sums $31,220 alongside rental yield of 9.53%. Five-year ROI measures 133.31% and total cumulative return in cash totals $49,937.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $897/mo property income versus a $553/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74030, Drumright, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,011 (54.4%) |
| Renter Occupied HU | 524 (28.2%) |
| Vacant Housing Units | 323 (17.4%) |
| Median Home Value | $134,896 |
| Average Home Value | $198,741 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,308
Multi-Family
73
Businesses
199
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