114 S 2nd StNobleOK73068
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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 Noble at 114 S 2nd St, Noble, OK, 73068 offers a 9.93% rental yield on a $115,000 purchase with $952/mo rent. Total monthly income registers $952/mo, and a $563/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,610/yr on $38,123 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 139.85% and total cumulative return in cash at $53,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $952/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73068, Noble, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,525 (100%) |
| Owner Occupied HU | 3,650 (66.1%) |
| Renter Occupied HU | 1,383 (25.0%) |
| Vacant Housing Units | 492 ( 8.9%) |
| Median Home Value | $247,475 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
5,056
Single Family
4,959
Multi-Family
97
Businesses
323
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