83 Crest DrLocust GroveOK74352
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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 Locust Grove at 83 Crest Dr, Locust Grove, OK, 74352 offers $2,040/mo rent that, after a $3,177/mo payment. Total monthly income is $2,040/mo. Return on cash invested measures 8.23% in year one, and rental yield stands at 3.77% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 40.43% and total cumulative return in cash reaches $86,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,931 sqft 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
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Listed by: Shawn Peters • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls ID: #2527619