1209 N 3rd AveDurantOK74701
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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 Durant at 1209 N 3rd Ave, Durant, OK, 74701 generates $1,311/mo in rent and, after a $827/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,311/mo, and annual cash flow is $2,783/yr on $56,024 invested. Return on cash invested sits at 24.88% in year one, and rental yield is 9.31% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 129.73% and total cumulative return in cash sums $72,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,311/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
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