114 W Pine StBingerOK73009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Binger at 114 W Pine St, Binger, OK, 73009 offers a 8.83% rental yield on a $187,500 purchase with $1,379/mo rent. Total monthly income registers $1,379/mo, and a $918/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,176/yr on $62,156 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,803 over five years. Portfolio math shows five-year ROI at 121.91% and total cumulative return in cash at $75,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,379/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73009, Binger, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 305 (63.5%) |
| Renter Occupied HU | 81 (16.9%) |
| Vacant Housing Units | 94 (19.6%) |
| Median Home Value | $159,375 |
| Average Home Value | $211,295 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
309
Multi-Family
0
Businesses
40
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