16513 S State Highway 128HeavenerOK74937
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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 Heavener at 16513 S State Highway 128, Heavener, OK, 74937 generates $982/mo in rent and, after a $612/mo payment, leaves $184/mo in cash flow. Total monthly income is $982/mo, and annual cash flow is $2,202/yr on $41,438 invested. Return on cash invested sits at 25.22% in year one, and rental yield is 9.43% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 131.66% and total cumulative return in cash sums $54,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $982/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74937, Heavener, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 1,136 (53.4%) |
| Renter Occupied HU | 603 (28.3%) |
| Vacant Housing Units | 388 (18.2%) |
| Median Home Value | $115,625 |
| Average Home Value | $147,894 |
Housing Distribution
Address Breakdown
Residential
1,969
Single Family
1,969
Multi-Family
0
Businesses
140
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Listed by: Crystal Burns • C21/Wright Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2509990
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.