160 SW 8th StFaxonOK73540
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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
Investment property for sale in Faxon at 160 SW 8th St, Faxon, OK, 73540 uses $64,311 cash to close to unlock $6,163/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $1,753/mo, and a $950/mo payment keeps the spread at $514/mo. Purchase price stands at $194,000, and rental yield measures 10.84% with $1,753/mo rent. Return on cash invested shows 29.49% in year one, and 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 154.53% and total cumulative return in cash records $99,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $950/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73540, Faxon, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 198 (100%) |
| Owner Occupied HU | 129 (65.2%) |
| Renter Occupied HU | 32 (16.2%) |
| Vacant Housing Units | 37 (18.7%) |
| Median Home Value | $234,091 |
| Average Home Value | $247,132 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
7
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