20968 W Highway 62BoyntonOK74422
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 Boynton at 20968 W Highway 62, Boynton, OK, 74422 uses $91,163 cash to close to unlock $813/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $1,824/mo, and a $1,346/mo payment keeps the spread at $68/mo. Purchase price stands at $275,000, and rental yield measures 7.96% with $1,824/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 107.89% and total cumulative return in cash records $98,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,824/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74422, Boynton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 206 (70.5%) |
| Renter Occupied HU | 41 (14.0%) |
| Vacant Housing Units | 45 (15.4%) |
| Median Home Value | $160,000 |
| Average Home Value | $200,413 |
Housing Distribution
Address Breakdown
Residential
315
Single Family
315
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi Reed • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2532153
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.