505 N Cimarron AveDrumrightOK74030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 505 N Cimarron Ave, Drumright, OK, 74030 at $159,000 posts ROI 31.81% with $523/mo cash flow from $1,538/mo rent. Total monthly income equals $1,538/mo, and annual cash flow records $6,274/yr on $52,709 to close. Return on cash invested measures 31.81% and rental yield reads 11.61% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 166.95% and total cumulative return in cash totals $87,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,538/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.32 Acres 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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