508 SW 38th TerMooreOK73160
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 Moore at 508 SW 38th Ter, Moore, OK, 73160 offers a 9.88% rental yield on a $225,900 purchase with $1,860/mo rent. Total monthly income registers $1,860/mo, and a $1,106/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,004/yr on $74,886 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,458/yr while 5% annual appreciation supports $62,412 over five years. Portfolio math shows five-year ROI at 138.98% and total cumulative return in cash at $104,079. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $1,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73160, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,095 (100%) |
| Owner Occupied HU | 15,288 (58.6%) |
| Renter Occupied HU | 9,546 (36.6%) |
| Vacant Housing Units | 1,261 ( 4.8%) |
| Median Home Value | $222,945 |
| Average Home Value | $269,591 |
Housing Distribution
Address Breakdown
Residential
24,608
Single Family
21,920
Multi-Family
2,688
Businesses
1,599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices