110 W Illinois StTexhomaOK73949
Nearby investment properties with comparable rents
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 Texhoma at 110 W Illinois St, Texhoma, OK, 73949 offers $910/mo rent that, after a $563/mo payment, leaves $175/mo cash flow. Total monthly income is $910/mo, and annual cash flow is $2,106/yr on $38,123 cash. Return on cash invested measures 25.43% in year one, and rental yield stands at 9.5% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 132.8% and total cumulative return in cash reaches $50,625. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $910/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73949, Texhoma, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 303 (61.0%) |
| Renter Occupied HU | 110 (22.1%) |
| Vacant Housing Units | 84 (16.9%) |
| Median Home Value | $179,688 |
| Average Home Value | $201,766 |
Housing Distribution
Address Breakdown
Residential
199
Single Family
199
Multi-Family
0
Businesses
40
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