16 Rondel DrWewokaOK74884
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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 Wewoka at 16 Rondel Dr, Wewoka, OK, 74884 offers $1,607/mo rent that, after a $1,016/mo payment, leaves $281/mo cash flow. Total monthly income is $1,607/mo, and annual cash flow is $3,378/yr on $68,786 cash. Return on cash invested measures 24.82% in year one, and rental yield stands at 9.29% at a $207,500 entry. Equity gained on principal adds $1,339/yr while 5% annual appreciation compounds into $57,328 by year five. Five-year ROI records 129.46% and total cumulative return in cash reaches $89,051. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,607/mo property income versus a $1,016/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74884, Wewoka, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,705 (100%) |
| Owner Occupied HU | 1,398 (51.7%) |
| Renter Occupied HU | 741 (27.4%) |
| Vacant Housing Units | 566 (20.9%) |
| Median Home Value | $95,833 |
| Average Home Value | $145,506 |
Housing Distribution
Address Breakdown
Residential
2,198
Single Family
2,198
Multi-Family
0
Businesses
212
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