1009 N Noble AveWatongaOK73772
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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 Watonga at 1009 N Noble Ave, Watonga, OK, 73772 offers $1,031/mo rent that, after a $631/mo payment, leaves $208/mo cash flow. Total monthly income is $1,031/mo, and annual cash flow is $2,491/yr on $42,764 cash. Return on cash invested measures 25.73% in year one, and rental yield stands at 9.59% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 134.36% and total cumulative return in cash reaches $57,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,031/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
10,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73772, Watonga, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,935 (100%) |
| Owner Occupied HU | 1,062 (54.9%) |
| Renter Occupied HU | 503 (26.0%) |
| Vacant Housing Units | 370 (19.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $206,556 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,566
Multi-Family
0
Businesses
210
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