1700 E Ridgeway StWeatherfordOK73096
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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 Weatherford at 1700 E Ridgeway St, Weatherford, OK, 73096 uses $75,914 cash to close to unlock $1,445/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,583/mo, and a $1,121/mo payment keeps the spread at $120/mo. Purchase price stands at $229,000, and rental yield measures 8.3% with $1,583/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 113.35% and total cumulative return in cash records $86,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,583/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1980
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73096, Weatherford, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,506 (100%) |
| Owner Occupied HU | 2,850 (43.8%) |
| Renter Occupied HU | 2,715 (41.7%) |
| Vacant Housing Units | 941 (14.5%) |
| Median Home Value | $262,579 |
| Average Home Value | $298,166 |
Housing Distribution
Address Breakdown
Residential
6,144
Single Family
5,904
Multi-Family
240
Businesses
705
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Listed by: Amy Robbins • Moxy Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1183751