20135 State Highway 15FargoOK73840
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
Investment property for sale in Fargo at 20135 State Highway 15, Fargo, OK, 73840 offers a 8.58% rental yield on a $225,000 purchase with $1,609/mo rent. Total monthly income registers $1,609/mo, and a $1,101/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,068/yr on $74,588 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 118% and total cumulative return in cash at $88,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,609/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
46.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73840, Fargo, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 207 (69.0%) |
| Renter Occupied HU | 36 (12.0%) |
| Vacant Housing Units | 57 (19.0%) |
| Median Home Value | $123,026 |
| Average Home Value | $200,870 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
17
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