524 S Highland StAdaOK74820
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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 Ada at 524 S Highland St, Ada, OK, 74820 priced at $229,000 pairs $1,560/mo rent with $97/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $1,169/yr on $75,914 invested. Return on cash invested is 21.45% in year one, and rental yield stands at 8.17% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 111.4% and total cumulative return in cash reaches $84,569. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74820, Ada, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,627 (51.5%) |
| Renter Occupied HU | 5,318 (35.9%) |
| Vacant Housing Units | 1,877 (12.7%) |
| Median Home Value | $199,780 |
| Average Home Value | $248,728 |
Housing Distribution
Address Breakdown
Residential
13,713
Single Family
13,158
Multi-Family
555
Businesses
1,259
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