121 N Nichols BlvdDrumrightOK74030
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
Investment property for sale in Drumright at 121 N Nichols Blvd, Drumright, OK, 74030 at $149,000 posts ROI 37.59% with $728/mo cash flow from $1,679/mo rent. Total monthly income equals $1,679/mo, and annual cash flow records $8,733/yr on $49,394 to close. Return on cash invested measures 37.59% and rental yield reads 13.52% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 197.96% and total cumulative return in cash totals $97,780.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,679/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74030, Drumright, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,011 (54.4%) |
| Renter Occupied HU | 524 (28.2%) |
| Vacant Housing Units | 323 (17.4%) |
| Median Home Value | $134,896 |
| Average Home Value | $198,741 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,308
Multi-Family
73
Businesses
199
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