1230 S 1st StBlackwellOK74631
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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 Blackwell at 1230 S 1st St, Blackwell, OK, 74631 generates $842/mo in rent and, after a $514/mo payment, leaves $171/mo in cash flow. Total monthly income is $842/mo, and annual cash flow is $2,056/yr on $34,808 invested. Return on cash invested sits at 25.82% in year one, and rental yield is 9.62% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 134.87% and total cumulative return in cash sums $46,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $842/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74631, Blackwell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,477 (100%) |
| Owner Occupied HU | 1,836 (52.8%) |
| Renter Occupied HU | 900 (25.9%) |
| Vacant Housing Units | 741 (21.3%) |
| Median Home Value | $104,562 |
| Average Home Value | $192,397 |
Housing Distribution
Address Breakdown
Residential
2,946
Single Family
2,848
Multi-Family
98
Businesses
307
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