520 N West StCordellOK73632
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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
Rental property for sale in Cordell at 520 N West St, Cordell, OK, 73632 priced at $340,000 converts $2,959/mo rent into $788/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,959/mo, and annual cash flow totals $9,454/yr on $112,710 invested. Return on cash invested prints 28.3% in year one, and rental yield reads 10.44% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 148.09% and total cumulative return in cash sums $166,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,959/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73632, Cordell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,062 (59.2%) |
| Renter Occupied HU | 413 (23.0%) |
| Vacant Housing Units | 319 (17.8%) |
| Median Home Value | $121,457 |
| Average Home Value | $184,343 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,358
Multi-Family
80
Businesses
184
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