420 N 18th StFrederickOK73542
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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 Frederick at 420 N 18th St, Frederick, OK, 73542 generates $1,447/mo in rent and, after a $783/mo payment, leaves $425/mo in cash flow. Total monthly income is $1,447/mo, and annual cash flow is $5,104/yr on $53,040 invested. Return on cash invested sits at 29.53% in year one, and rental yield is 10.85% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 154.75% and total cumulative return in cash sums $82,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,447/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73542, Frederick, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,235 (100%) |
| Owner Occupied HU | 1,203 (53.8%) |
| Renter Occupied HU | 377 (16.9%) |
| Vacant Housing Units | 655 (29.3%) |
| Median Home Value | $71,625 |
| Average Home Value | $115,368 |
Housing Distribution
Address Breakdown
Residential
1,675
Single Family
1,638
Multi-Family
37
Businesses
199
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