1340 S Johnstone AveBartlesvilleOK74003
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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 Bartlesville at 1340 S Johnstone Ave, Bartlesville, OK, 74003 generates $846/mo in rent and, after a $534/mo payment, leaves $149/mo in cash flow. Total monthly income is $846/mo, and annual cash flow is $1,793/yr on $36,134 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 9.31% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 129.81% and total cumulative return in cash sums $46,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $846/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74003, Bartlesville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 3,286 (47.8%) |
| Renter Occupied HU | 2,399 (34.9%) |
| Vacant Housing Units | 1,186 (17.3%) |
| Median Home Value | $111,728 |
| Average Home Value | $178,462 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,749
Multi-Family
220
Businesses
556
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Listed by: Carri Ray • Trinity Properties
Mls Name: MLS Technology, Inc.
Mls ID: #2550779