21298 S Welling RdWellingOK74471
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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
Investment property for sale in Welling at 21298 S Welling Rd, Welling, OK, 74471 offers a 8.7% rental yield on a $385,000 purchase with $2,790/mo rent. Total monthly income registers $2,790/mo, and a $1,884/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,981/yr on $127,628 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 119.83% and total cumulative return in cash at $152,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,790/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
3.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74471, Welling, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 498 (71.3%) |
| Renter Occupied HU | 112 (16.0%) |
| Vacant Housing Units | 88 (12.6%) |
| Median Home Value | $145,000 |
| Average Home Value | $225,512 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
21
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