1507 N Fallin AveHominyOK74035
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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 Hominy at 1507 N Fallin Ave, Hominy, OK, 74035 priced at $134,900 pairs $1,218/mo rent with $357/mo cash flow after a $660/mo payment. Total monthly income equals $1,218/mo, and annual cash flow comes to $4,281/yr on $44,719 invested. Return on cash invested is 29.48% in year one, and rental yield stands at 10.83% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 154.47% and total cumulative return in cash reaches $69,077. For financing, Ziffy Mortgage’s DSCR program evaluates $1,218/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74035, Hominy, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 794 (56.2%) |
| Renter Occupied HU | 375 (26.6%) |
| Vacant Housing Units | 243 (17.2%) |
| Median Home Value | $79,483 |
| Average Home Value | $136,448 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
136
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Listed by: Ashley Dailey • Keller Williams Premier
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2508138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.