923 N 12th AveDurantOK74701
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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 Durant at 923 N 12th Ave, Durant, OK, 74701 uses $62,952 cash to close to unlock $2,013/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,380/mo, and a $929/mo payment keeps the spread at $168/mo. Purchase price stands at $189,900, and rental yield measures 8.72% with $1,380/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 120.25% and total cumulative return in cash records $75,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
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