116 Kretchmar DrMedfordOK73759
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
Rental property for sale in Medford at 116 Kretchmar Dr, Medford, OK, 73759 priced at $240,000 pairs $1,846/mo rent with $313/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,846/mo, and annual cash flow comes to $3,756/yr on $79,560 invested. Return on cash invested is 24.63% in year one, and rental yield stands at 9.23% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 128.4% and total cumulative return in cash reaches $102,158. For financing, Ziffy Mortgage’s DSCR program evaluates $1,846/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73759, Medford, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 462 (62.7%) |
| Renter Occupied HU | 124 (16.8%) |
| Vacant Housing Units | 151 (20.5%) |
| Median Home Value | $86,250 |
| Average Home Value | $121,634 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
613
Multi-Family
8
Businesses
117
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