723 E 9th 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
Investment property for sale in Cordell at 723 E 9th St, Cordell, OK, 73632 uses $53,040 cash to close to unlock $3,808/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,339/mo, and a $783/mo payment keeps the spread at $317/mo. Purchase price stands at $160,000, and rental yield measures 10.04% with $1,339/mo rent. Return on cash invested shows 27.09% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 141.68% and total cumulative return in cash records $75,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,339/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1982
10,497 sqft 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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