206 W Grand AveTonkawaOK74653
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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
Rental property for sale in Tonkawa at 206 W Grand Ave, Tonkawa, OK, 74653 priced at $175,000 converts $1,487/mo rent into $369/mo cash flow after a $857/mo obligation. Total monthly income equals $1,487/mo, and annual cash flow totals $4,428/yr on $58,013 invested. Return on cash invested prints 27.54% in year one, and rental yield reads 10.2% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 144.02% and total cumulative return in cash sums $83,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,487/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1971
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74653, Tonkawa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 854 (54.8%) |
| Renter Occupied HU | 432 (27.7%) |
| Vacant Housing Units | 272 (17.5%) |
| Median Home Value | $109,494 |
| Average Home Value | $207,125 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,420
Multi-Family
8
Businesses
170
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