16004 April DrNewallaOK74857
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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 Newalla at 16004 April Dr, Newalla, OK, 74857 generates $1,907/mo in rent and, after a $1,346/mo payment, leaves $151/mo in cash flow. Total monthly income is $1,907/mo, and annual cash flow is $1,809/yr on $91,163 invested. Return on cash invested sits at 21.89% in year one, and rental yield is 8.32% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 113.74% and total cumulative return in cash sums $103,691. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,907/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
5.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74857, Newalla, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,836 (100%) |
| Owner Occupied HU | 3,147 (82.0%) |
| Renter Occupied HU | 415 (10.8%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $250,150 |
| Average Home Value | $268,321 |
Housing Distribution
Address Breakdown
Residential
3,783
Single Family
3,783
Multi-Family
0
Businesses
114
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