1212 N Main StFairviewOK73737
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 Fairview at 1212 N Main St, Fairview, OK, 73737 priced at $220,000 converts $1,573/mo rent into $168/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,573/mo, and annual cash flow totals $2,014/yr on $72,930 invested. Return on cash invested prints 22.67% in year one, and rental yield reads 8.58% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 117.91% and total cumulative return in cash sums $85,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,573/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73737, Fairview, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,009 (56.7%) |
| Renter Occupied HU | 434 (24.4%) |
| Vacant Housing Units | 337 (18.9%) |
| Median Home Value | $147,596 |
| Average Home Value | $186,293 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,374
Multi-Family
82
Businesses
250
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Nearby investment properties with comparable prices
Listed by: Zane W Howard • Metro Mark Realtors
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1170621
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