509 E Cherry StCushingOK74023
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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 Cushing at 509 E Cherry St, Cushing, OK, 74023 at $120,000 posts ROI 25.82% with $196/mo cash flow from $962/mo rent. Total monthly income equals $962/mo, and annual cash flow records $2,352/yr on $39,780 to close. Return on cash invested measures 25.82% and rental yield reads 9.62% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 134.83% and total cumulative return in cash totals $53,635.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $962/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74023, Cushing, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,286 (100%) |
| Owner Occupied HU | 2,927 (55.4%) |
| Renter Occupied HU | 1,488 (28.1%) |
| Vacant Housing Units | 871 (16.5%) |
| Median Home Value | $180,256 |
| Average Home Value | $229,770 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,600
Multi-Family
100
Businesses
561
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