1004 E North AveTonkawaOK74653
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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 Tonkawa at 1004 E North Ave, Tonkawa, OK, 74653 generates $871/mo in rent, after a $954/mo payment. Total monthly income is $871/mo. Return on cash invested sits at 12.97% in year one, and rental yield is 5.36% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 65.94% and total cumulative return in cash sums $42,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $871/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74653, Tonkawa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 854 (54.8%) |
| Renter Occupied HU | 432 (27.7%) |
| Vacant Housing Units | 272 (17.5%) |
| Median Home Value | $109,494 |
| Average Home Value | $207,125 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,420
Multi-Family
8
Businesses
170
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