120 E Hillcrest LnHobartOK73651
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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 Hobart at 120 E Hillcrest Ln, Hobart, OK, 73651 with 5% annual appreciation on a $369,500 basis while $2,770/mo rent supports operations. Total monthly income totals $2,770/mo and a $1,809/mo payment preserves $410/mo for cash returns. Annual cash flow comes to $4,918/yr on $122,489 deployed, and return on cash invested reaches 23.92% in year one. Equity gained on principal adds $2,384/yr, and five-year appreciation sums $102,086 alongside rental yield of 9%. Five-year ROI measures 124.63% and total cumulative return in cash totals $152,656.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,770/mo property income versus a $1,809/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73651, Hobart, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 979 (47.5%) |
| Renter Occupied HU | 564 (27.4%) |
| Vacant Housing Units | 519 (25.2%) |
| Median Home Value | $84,149 |
| Average Home Value | $132,674 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,566
Multi-Family
61
Businesses
229
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