1020 S Morgan RdBlanchardOK73010
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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 Blanchard at 1020 S Morgan Rd, Blanchard, OK, 73010 priced at $174,300 pairs $1,754/mo rent with $604/mo cash flow after a $853/mo payment. Total monthly income equals $1,754/mo, and annual cash flow comes to $7,244/yr on $57,780 invested. Return on cash invested is 32.45% in year one, and rental yield stands at 12.08% on a $174,300 basis. Equity gained on principal adds $1,125/yr, and 5% annual appreciation accumulates to $48,156 by year five. Five-year ROI measures 170.64% and total cumulative return in cash reaches $98,595. For financing, Ziffy Mortgage’s DSCR program evaluates $1,754/mo property income against a $853/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73010, Blanchard, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 7,077 (78.8%) |
| Renter Occupied HU | 1,374 (15.3%) |
| Vacant Housing Units | 535 ( 6.0%) |
| Median Home Value | $264,040 |
| Average Home Value | $286,064 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,378
Multi-Family
0
Businesses
349
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