824 E Oak StCushingOK74023
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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 Cushing at 824 E Oak St, Cushing, OK, 74023 offers $1,290/mo rent that, after a $807/mo payment, leaves $237/mo cash flow. Total monthly income is $1,290/mo, and annual cash flow is $2,844/yr on $54,664 cash. Return on cash invested measures 25.11% in year one, and rental yield stands at 9.39% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 131.08% and total cumulative return in cash reaches $71,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,290/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74023, Cushing, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,286 (100%) |
| Owner Occupied HU | 2,927 (55.4%) |
| Renter Occupied HU | 1,488 (28.1%) |
| Vacant Housing Units | 871 (16.5%) |
| Median Home Value | $180,256 |
| Average Home Value | $229,770 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,600
Multi-Family
100
Businesses
561
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Listed by: Susan Pittser • C21/First Choice Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512633
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.