506 Russell AveCordellOK73632
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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 Cordell at 506 Russell Ave, Cordell, OK, 73632 with 5% annual appreciation on a $149,900 basis while $1,284/mo rent supports operations. Total monthly income totals $1,284/mo and a $734/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,917/yr on $49,692 deployed, and return on cash invested reaches 27.79% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 10.28%. Five-year ROI measures 145.42% and total cumulative return in cash totals $72,263.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,284/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
9,883 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73632, Cordell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,062 (59.2%) |
| Renter Occupied HU | 413 (23.0%) |
| Vacant Housing Units | 319 (17.8%) |
| Median Home Value | $121,457 |
| Average Home Value | $184,343 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,358
Multi-Family
80
Businesses
184
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