5580 E 610th RdLocust GroveOK74352
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
Investment Highlights
Investment property for sale in Locust Grove at 5580 E 610th Rd, Locust Grove, OK, 74352 listed at $103,500 pairs $798/mo rent with a $507/mo payment to leave $119/mo cash flow. Total monthly income runs $798/mo, and annual cash flow reaches $1,431/yr on $34,310 cash to close. Return on cash invested measures 24.08% in year one, and rental yield registers 9.25% at a $103,500 basis. Equity gained on principal adds $668/yr, and annual property appreciation at 5% supports $28,595 by year five. Five-year ROI tracks 125.84% and total cumulative return in cash totals $43,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $798/mo property income relative to a $507/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
5.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74352, Locust Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,808 (63.8%) |
| Renter Occupied HU | 548 (19.3%) |
| Vacant Housing Units | 480 (16.9%) |
| Median Home Value | $176,786 |
| Average Home Value | $241,052 |
Housing Distribution
Address Breakdown
Residential
2,245
Single Family
2,245
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Alvis Watts • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2529403
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.