119 Carson AveBlackwellOK74631
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 Blackwell at 119 Carson Ave, Blackwell, OK, 74631 offers $944/mo rent that, after a $587/mo payment, leaves $178/mo cash flow. Total monthly income is $944/mo, and annual cash flow is $2,136/yr on $39,780 cash. Return on cash invested measures 25.28% in year one, and rental yield stands at 9.44% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 131.87% and total cumulative return in cash reaches $52,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $944/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74631, Blackwell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,477 (100%) |
| Owner Occupied HU | 1,836 (52.8%) |
| Renter Occupied HU | 900 (25.9%) |
| Vacant Housing Units | 741 (21.3%) |
| Median Home Value | $104,562 |
| Average Home Value | $192,397 |
Housing Distribution
Address Breakdown
Residential
2,946
Single Family
2,848
Multi-Family
98
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Gardner • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2510367
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.