2201 Cherry AveWoodwardOK73801
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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 Woodward at 2201 Cherry Ave, Woodward, OK, 73801 generates $1,616/mo in rent and, after a $830/mo payment, leaves $533/mo in cash flow. Total monthly income is $1,616/mo, and annual cash flow is $6,398/yr on $56,189 invested. Return on cash invested sits at 31.3% in year one, and rental yield is 11.44% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 164.25% and total cumulative return in cash sums $92,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,616/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73801, Woodward, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,504 (100%) |
| Owner Occupied HU | 3,969 (52.9%) |
| Renter Occupied HU | 2,137 (28.5%) |
| Vacant Housing Units | 1,398 (18.6%) |
| Median Home Value | $189,881 |
| Average Home Value | $218,953 |
Housing Distribution
Address Breakdown
Residential
6,464
Single Family
6,289
Multi-Family
175
Businesses
750
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