128 W Ridgewood StShawneeOK74801
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 Shawnee at 128 W Ridgewood St, Shawnee, OK, 74801 offers $940/mo rent that, after a $1,126/mo payment. Total monthly income is $940/mo. Return on cash invested measures 11.58% in year one, and rental yield stands at 4.9% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 58.45% and total cumulative return in cash reaches $44,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $940/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1955
5,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74801, Shawnee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,096 (100%) |
| Owner Occupied HU | 5,042 (49.9%) |
| Renter Occupied HU | 3,737 (37.0%) |
| Vacant Housing Units | 1,317 (13.0%) |
| Median Home Value | $172,590 |
| Average Home Value | $227,256 |
Housing Distribution
Address Breakdown
Residential
9,222
Single Family
8,882
Multi-Family
340
Businesses
612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices