506 S 3rd StHugoOK74743
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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 Hugo at 506 S 3rd St, Hugo, OK, 74743 listed at $164,000 pairs $2,414/mo rent with a $803/mo payment to leave $1,366/mo cash flow. Total monthly income runs $2,414/mo, and annual cash flow reaches $16,396/yr on $54,366 cash to close. Return on cash invested measures 50.07% in year one, and rental yield registers 17.66% at a $164,000 basis. Equity gained on principal adds $1,058/yr, and annual property appreciation at 5% supports $45,310 by year five. Five-year ROI tracks 264.87% and total cumulative return in cash totals $143,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,414/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74743, Hugo, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,082 (48.7%) |
| Renter Occupied HU | 1,556 (36.4%) |
| Vacant Housing Units | 638 (14.9%) |
| Median Home Value | $148,311 |
| Average Home Value | $213,554 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
3,734
Multi-Family
61
Businesses
481
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