1120 S Wood AveHominyOK74035
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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 Hominy at 1120 S Wood Ave, Hominy, OK, 74035 uses $48,068 cash to close to unlock $4,365/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $1,290/mo, and a $710/mo payment keeps the spread at $364/mo. Purchase price stands at $145,000, and rental yield measures 10.68% with $1,290/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 151.8% and total cumulative return in cash records $72,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,290/mo property income covering a $710/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74035, Hominy, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 794 (56.2%) |
| Renter Occupied HU | 375 (26.6%) |
| Vacant Housing Units | 243 (17.2%) |
| Median Home Value | $79,483 |
| Average Home Value | $136,448 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
136
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