1005 S Main StCarneyOK74832
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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 Carney at 1005 S Main St, Carney, OK, 74832 priced at $280,000 converts $2,615/mo rent into $827/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,615/mo, and annual cash flow totals $9,928/yr on $92,820 invested. Return on cash invested prints 30.6% in year one, and rental yield reads 11.21% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 160.49% and total cumulative return in cash sums $148,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,615/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2009
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74832, Carney, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 282 (67.1%) |
| Renter Occupied HU | 95 (22.6%) |
| Vacant Housing Units | 43 (10.2%) |
| Median Home Value | $155,556 |
| Average Home Value | $273,413 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
34
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Listed by: Greg Rose • FRONTIER REALTY
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #129530
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.