1015 S ParotteRipleyOK74062
Nearby investment properties with comparable rents
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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
Investment property for sale in Ripley at 1015 S Parotte, Ripley, OK, 74062 at $104,200 posts ROI 36.22% with $470/mo cash flow from $1,135/mo rent. Total monthly income equals $1,135/mo, and annual cash flow records $5,635/yr on $34,542 to close. Return on cash invested measures 36.22% and rental yield reads 13.07% at the current $104,200. Equity gained on principal adds $672/yr, and 5% annual appreciation supports $28,789 by year five. Five-year ROI prints 190.63% and total cumulative return in cash totals $65,847.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74062, Ripley, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 334 (68.4%) |
| Renter Occupied HU | 81 (16.6%) |
| Vacant Housing Units | 73 (15.0%) |
| Median Home Value | $303,409 |
| Average Home Value | $318,690 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
23
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