721 E Cypress StAltusOK73521
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
Rental property for sale in Altus at 721 E Cypress St, Altus, OK, 73521 priced at $170,000 converts $1,288/mo rent into $202/mo cash flow after a $832/mo obligation. Total monthly income equals $1,288/mo, and annual cash flow totals $2,429/yr on $56,355 invested. Return on cash invested prints 24.22% in year one, and rental yield reads 9.09% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 126.27% and total cumulative return in cash sums $71,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,288/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1940
9,073 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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Listed by: Helen Huckins • Main Realty, Inc.
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1159965
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