915 Hickory StAltusOK73521
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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 Altus at 915 Hickory St, Altus, OK, 73521 generates $891/mo in rent and, after a $573/mo payment, leaves $143/mo in cash flow. Total monthly income is $891/mo, and annual cash flow is $1,722/yr on $38,786 invested. Return on cash invested sits at 24.35% in year one, and rental yield is 9.14% on a $117,000 entry. Equity gained on principal adds $755/yr, while 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 126.95% and total cumulative return in cash sums $49,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $891/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,479 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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