116 Mitchell RdHennesseyOK73742
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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 Hennessey at 116 Mitchell Rd, Hennessey, OK, 73742 generates $1,921/mo in rent and, after a $1,150/mo payment, leaves $420/mo in cash flow. Total monthly income is $1,921/mo, and annual cash flow is $5,046/yr on $77,903 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.81% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 137.85% and total cumulative return in cash sums $107,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,921/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73742, Hennessey, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,150 (65.5%) |
| Renter Occupied HU | 353 (20.1%) |
| Vacant Housing Units | 254 (14.5%) |
| Median Home Value | $236,243 |
| Average Home Value | $269,967 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,441
Multi-Family
8
Businesses
229
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