208 E Oklahoma AveBlackwellOK74631
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 Blackwell at 208 E Oklahoma Ave, Blackwell, OK, 74631 offers $1,039/mo rent that, after a $675/mo payment, leaves $158/mo cash flow. Total monthly income is $1,039/mo, and annual cash flow is $1,899/yr on $45,714 cash. Return on cash invested measures 24.06% in year one, and rental yield stands at 9.04% at a $137,900 entry. Equity gained on principal adds $890/yr while 5% annual appreciation compounds into $38,099 by year five. Five-year ROI records 125.45% and total cumulative return in cash reaches $57,347. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,039/mo property income versus a $675/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74631, Blackwell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,477 (100%) |
| Owner Occupied HU | 1,836 (52.8%) |
| Renter Occupied HU | 900 (25.9%) |
| Vacant Housing Units | 741 (21.3%) |
| Median Home Value | $104,562 |
| Average Home Value | $192,397 |
Housing Distribution
Address Breakdown
Residential
2,946
Single Family
2,848
Multi-Family
98
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices