16 E Church AveFairlandOK74343
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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 Fairland at 16 E Church Ave, Fairland, OK, 74343 generates $1,519/mo in rent and, after a $930/mo payment, leaves $306/mo in cash flow. Total monthly income is $1,519/mo, and annual cash flow is $3,667/yr on $62,985 invested. Return on cash invested sits at 25.73% in year one, and rental yield is 9.59% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 134.34% and total cumulative return in cash sums $84,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,519/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74343, Fairland, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 959 (62.8%) |
| Renter Occupied HU | 313 (20.5%) |
| Vacant Housing Units | 254 (16.6%) |
| Median Home Value | $159,673 |
| Average Home Value | $192,148 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
54
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