218 N Franklin StGoodwellOK73939
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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 Goodwell at 218 N Franklin St, Goodwell, OK, 73939 uses $56,355 cash to close to unlock $5,093/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $832/mo payment keeps the spread at $424/mo. Purchase price stands at $170,000, and rental yield measures 10.66% with $1,510/mo rent. Return on cash invested shows 28.95% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 151.63% and total cumulative return in cash records $85,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73939, Goodwell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 308 (42.8%) |
| Renter Occupied HU | 233 (32.4%) |
| Vacant Housing Units | 178 (24.8%) |
| Median Home Value | $159,722 |
| Average Home Value | $282,638 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
43
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