87 King StArdmoreOK73401
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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 Ardmore at 87 King St, Ardmore, OK, 73401 with 5% annual appreciation on a $115,000 basis while $887/mo rent supports operations. Total monthly income totals $887/mo and a $563/mo payment preserves $152/mo for cash returns. Annual cash flow comes to $1,830/yr on $38,123 deployed, and return on cash invested reaches 24.71% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.26%. Five-year ROI measures 128.89% and total cumulative return in cash totals $49,137.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $887/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73401, Ardmore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,795 (100%) |
| Owner Occupied HU | 9,303 (55.4%) |
| Renter Occupied HU | 5,587 (33.3%) |
| Vacant Housing Units | 1,905 (11.3%) |
| Median Home Value | $204,227 |
| Average Home Value | $252,648 |
Housing Distribution
Address Breakdown
Residential
15,845
Single Family
14,973
Multi-Family
872
Businesses
1,722
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Listed by: Kelly Miller • Keller Williams Realty Ardmore
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2510754
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.