114 N Leach Ave #116-118-120WatongaOK73772
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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 Watonga at 114 N Leach Ave #116-118-120, Watonga, OK, 73772 generates $1,162/mo in rent and, after a $759/mo payment, leaves $172/mo in cash flow. Total monthly income is $1,162/mo, and annual cash flow is $2,061/yr on $51,383 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 9% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash sums $64,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,162/mo property income rather than buyer’s personal income.
Multi Family
Built in 1965
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73772, Watonga, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,935 (100%) |
| Owner Occupied HU | 1,062 (54.9%) |
| Renter Occupied HU | 503 (26.0%) |
| Vacant Housing Units | 370 (19.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $206,556 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,566
Multi-Family
0
Businesses
210
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