710 Sheryl LnAltusOK73521
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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 Altus at 710 Sheryl Ln, Altus, OK, 73521 priced at $383,500 converts $2,060/mo rent into after a $1,877/mo obligation. Total monthly income equals $2,060/mo. Return on cash invested prints 16.24% in year one, and rental yield reads 6.45% against a $383,500 entry. Equity gained on principal adds $2,475/yr, while 5% annual appreciation compiles into $105,954 by year five. Five-year ROI reaches 83.4% and total cumulative return in cash sums $106,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,060/mo property income covering a $1,877/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,092 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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