108 S Memorial DrHookerOK73945
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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 Hooker at 108 S Memorial Dr, Hooker, OK, 73945 priced at $155,000 converts $1,232/mo rent into $242/mo cash flow after a $759/mo obligation. Total monthly income equals $1,232/mo, and annual cash flow totals $2,901/yr on $51,383 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 9.54% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 133.41% and total cumulative return in cash sums $68,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,232/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1965
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73945, Hooker, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 721 (69.2%) |
| Renter Occupied HU | 204 (19.6%) |
| Vacant Housing Units | 117 (11.2%) |
| Median Home Value | $139,020 |
| Average Home Value | $159,428 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
87
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