1724 N Fordson AveBethanyOK73008
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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 Bethany at 1724 N Fordson Ave, Bethany, OK, 73008 uses $74,588 cash to close to unlock $964/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $1,101/mo payment keeps the spread at $80/mo. Purchase price stands at $225,000, and rental yield measures 8.09% with $1,517/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash records $82,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1971
8,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73008, Bethany, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,531 (100%) |
| Owner Occupied HU | 4,478 (47.0%) |
| Renter Occupied HU | 4,044 (42.4%) |
| Vacant Housing Units | 1,009 (10.6%) |
| Median Home Value | $195,481 |
| Average Home Value | $261,515 |
Housing Distribution
Address Breakdown
Residential
8,953
Single Family
8,593
Multi-Family
360
Businesses
788
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