511 7th Ave SEArdmoreOK73401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 511 7th Ave SE, Ardmore, OK, 73401 in Ardmore, $128,000, 9.47% gross yield, $193/mo net income. Consider it a market-entry position, the $1,010/mo rent covers the $576/mo payment with a margin, and 5%/yr appreciation is projected to add $35,364 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.75) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $61,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.5% |
| Monthly Cash Flow | $193 | $850 |
City averages based on Ardmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,010 |
| Total Monthly Debt Service | $766 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1937
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73401, Ardmore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,795 (100%) |
| Owner Occupied HU | 9,303 (55.4%) |
| Renter Occupied HU | 5,587 (33.3%) |
| Vacant Housing Units | 1,905 (11.3%) |
| Median Home Value | $204,227 |
| Average Home Value | $252,648 |
Housing Distribution
Address Breakdown
Residential
15,845
Single Family
14,973
Multi-Family
872
Businesses
1,722
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
Single Family
Built in 1937
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73401, Ardmore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,795 (100%) |
| Owner Occupied HU | 9,303 (55.4%) |
| Renter Occupied HU | 5,587 (33.3%) |
| Vacant Housing Units | 1,905 (11.3%) |
| Median Home Value | $204,227 |
| Average Home Value | $252,648 |
Housing Distribution
Address Breakdown
Residential
15,845
Single Family
14,973
Multi-Family
872
Businesses
1,722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices