512 Horizon DrAltusOK73521
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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 Altus at 512 Horizon Dr, Altus, OK, 73521 with 5% annual appreciation on a $270,000 basis while $1,948/mo rent supports operations. Total monthly income totals $1,948/mo and a $1,322/mo payment preserves $223/mo for cash returns. Annual cash flow comes to $2,679/yr on $89,505 deployed, and return on cash invested reaches 22.9% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 8.66%. Five-year ROI measures 119.19% and total cumulative return in cash totals $106,681.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73521, Altus, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 4,554 (45.8%) |
| Renter Occupied HU | 3,594 (36.1%) |
| Vacant Housing Units | 1,805 (18.1%) |
| Median Home Value | $169,914 |
| Average Home Value | $192,760 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,384
Multi-Family
337
Businesses
612
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