121 N 1st StWaltersOK73572
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.21% yield at 121 N 1st St, Walters, OK, 73572 in Walters is solid, but the $1,146/mo payment compresses net cash flow to $116/mo at $254,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $70,424 by year five, and $2,348/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.52) without U.S. income documentation. Total projected return: $104,367.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $116 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,744 |
| Total Monthly Debt Service | $1,526 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73572, Walters, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,669 (100%) |
| Owner Occupied HU | 1,017 (60.9%) |
| Renter Occupied HU | 377 (22.6%) |
| Vacant Housing Units | 275 (16.5%) |
| Median Home Value | $135,727 |
| Average Home Value | $178,056 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,373
Multi-Family
24
Businesses
119
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
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73572, Walters, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,669 (100%) |
| Owner Occupied HU | 1,017 (60.9%) |
| Renter Occupied HU | 377 (22.6%) |
| Vacant Housing Units | 275 (16.5%) |
| Median Home Value | $135,727 |
| Average Home Value | $178,056 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,373
Multi-Family
24
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices