20967 Highway 60FairviewOK73737
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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 Fairview at 20967 Highway 60, Fairview, OK, 73737 generates $1,368/mo in rent, after a $1,077/mo payment. Total monthly income is $1,368/mo. Return on cash invested sits at 19.3% in year one, and rental yield is 7.46% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 99.83% and total cumulative return in cash sums $72,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
4.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73737, Fairview, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,009 (56.7%) |
| Renter Occupied HU | 434 (24.4%) |
| Vacant Housing Units | 337 (18.9%) |
| Median Home Value | $147,596 |
| Average Home Value | $186,293 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,374
Multi-Family
82
Businesses
250
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