101 S Highland AveHobartOK73651
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Nearby investment properties with comparable prices
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 Hobart at 101 S Highland Ave, Hobart, OK, 73651 generates $1,146/mo in rent, after a $1,069/mo payment. Total monthly income is $1,146/mo. Return on cash invested sits at 15.78% in year one, and rental yield is 6.29% on a $218,500 entry. Equity gained on principal adds $1,410/yr, while 5% annual appreciation builds toward $60,368 over five years. Five-year ROI reaches 81.06% and total cumulative return in cash sums $58,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,146/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73651, Hobart, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 979 (47.5%) |
| Renter Occupied HU | 564 (27.4%) |
| Vacant Housing Units | 519 (25.2%) |
| Median Home Value | $84,149 |
| Average Home Value | $132,674 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,566
Multi-Family
61
Businesses
229
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Listed by: Kristie Brady • Aspen Grace Realty II LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1160337
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