1899 N 3040th RdRinglingOK73456
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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 Ringling at 1899 N 3040th Rd, Ringling, OK, 73456 offers a 4.43% rental yield on a $310,000 purchase with $1,144/mo rent. 15% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 50.79% and total cumulative return in cash at $52,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,144/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73456, Ringling, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 562 (63.0%) |
| Renter Occupied HU | 209 (23.4%) |
| Vacant Housing Units | 121 (13.6%) |
| Median Home Value | $122,778 |
| Average Home Value | $216,428 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
417
Multi-Family
0
Businesses
58
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