450 McCorkle AveBurbankOK74633
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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 Burbank at 450 McCorkle Ave, Burbank, OK, 74633 generates $1,050/mo in rent, after a $1,591/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 8.48% in year one, and rental yield is 3.88% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 41.87% and total cumulative return in cash sums $45,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74633, Burbank, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 159 (72.9%) |
| Renter Occupied HU | 33 (15.1%) |
| Vacant Housing Units | 26 (11.9%) |
| Median Home Value | $128,125 |
| Average Home Value | $208,774 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
9
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