420 W Idaho AveChickashaOK73018
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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 Chickasha at 420 W Idaho Ave, Chickasha, OK, 73018 uses $51,383 cash to close to unlock $5,973/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $759/mo payment keeps the spread at $498/mo. Purchase price stands at $155,000, and rental yield measures 11.52% with $1,488/mo rent. Return on cash invested shows 31.53% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 165.47% and total cumulative return in cash records $85,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $759/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
8,250 sqft 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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Listed by: Nikki Thurman • NEXT HOME TRI-COVENANT REALTY
Mls Name: Lawton BOR
Mls ID: #168456
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.