1841 Fairfax Lake RdFairfaxOK74637
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairfax at 1841 Fairfax Lake Rd, Fairfax, OK, 74637 priced at $219,000 pairs $1,472/mo rent with $73/mo cash flow after a $1,072/mo payment. Total monthly income equals $1,472/mo, and annual cash flow comes to $880/yr on $72,599 invested. Return on cash invested is 21.12% in year one, and rental yield stands at 8.07% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 109.65% and total cumulative return in cash reaches $79,605. For financing, Ziffy Mortgage’s DSCR program evaluates $1,472/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74637, Fairfax, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 513 (61.7%) |
| Renter Occupied HU | 176 (21.2%) |
| Vacant Housing Units | 143 (17.2%) |
| Median Home Value | $77,571 |
| Average Home Value | $162,276 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
67
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