Ashland Plan, Town CentralPiedmontOK73078
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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 Piedmont at Ashland Plan, Town Central, Piedmont, OK, 73078 priced at $353,100 converts $1,920/mo rent into after a $1,728/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 6.53% against a $353,100 entry. Equity gained on principal adds $2,279/yr, while 5% annual appreciation compiles into $97,555 by year five. Five-year ROI reaches 84.72% and total cumulative return in cash sums $99,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,728/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73078, Piedmont, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 4,064 (86.7%) |
| Renter Occupied HU | 429 ( 9.1%) |
| Vacant Housing Units | 197 ( 4.2%) |
| Median Home Value | $329,089 |
| Average Home Value | $356,436 |
Housing Distribution
Address Breakdown
Residential
4,913
Single Family
4,913
Multi-Family
0
Businesses
291
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