108 S 3rd StKendrickOK74079
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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 Kendrick at 108 S 3rd St, Kendrick, OK, 74079 offers a 12.35% rental yield on a $159,000 purchase with $1,637/mo rent. Total monthly income registers $1,637/mo, and a $778/mo payment leaves $622/mo available for distribution. Annual cash flow reaches $7,462/yr on $52,709 to close, and return on cash invested stands at 34.07% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 179.01% and total cumulative return in cash at $94,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,637/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74079, Stroud, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,168 (59.7%) |
| Renter Occupied HU | 526 (26.9%) |
| Vacant Housing Units | 262 (13.4%) |
| Median Home Value | $160,054 |
| Average Home Value | $203,196 |
Housing Distribution
Address Breakdown
Residential
1,849
Single Family
1,821
Multi-Family
28
Businesses
217
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