111 C AveKremlinOK73753
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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 Kremlin at 111 C Ave, Kremlin, OK, 73753 priced at $179,000 converts $1,078/mo rent into after a $876/mo obligation. Total monthly income equals $1,078/mo. Return on cash invested prints 18.59% in year one, and rental yield reads 7.23% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 96.04% and total cumulative return in cash sums $56,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,078/mo property income covering a $876/mo payment, not borrower’s personal income.
Manufactured
Built in 2012
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73753, Kremlin, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 223 (100%) |
| Owner Occupied HU | 166 (74.4%) |
| Renter Occupied HU | 26 (11.7%) |
| Vacant Housing Units | 31 (13.9%) |
| Median Home Value | $234,615 |
| Average Home Value | $287,154 |
Housing Distribution
Address Breakdown
Residential
155
Single Family
155
Multi-Family
0
Businesses
13
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