114 E Conner AveFairlandOK74343
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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 Fairland at 114 E Conner Ave, Fairland, OK, 74343 priced at $120,000 converts $911/mo rent into $145/mo cash flow after a $587/mo obligation. Total monthly income equals $911/mo, and annual cash flow totals $1,740/yr on $39,780 invested. Return on cash invested prints 24.28% in year one, and rental yield reads 9.11% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 126.53% and total cumulative return in cash sums $50,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $911/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74343, Fairland, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 959 (62.8%) |
| Renter Occupied HU | 313 (20.5%) |
| Vacant Housing Units | 254 (16.6%) |
| Median Home Value | $159,673 |
| Average Home Value | $192,148 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
54
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