221 S Main StOkeeneOK73763
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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 Okeene at 221 S Main St, Okeene, OK, 73763 priced at $229,000 converts $1,404/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,404/mo. Return on cash invested prints 18.98% in year one, and rental yield reads 7.36% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 98.17% and total cumulative return in cash sums $74,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,404/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1961
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73763, Okeene, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 434 (60.2%) |
| Renter Occupied HU | 164 (22.7%) |
| Vacant Housing Units | 123 (17.1%) |
| Median Home Value | $165,476 |
| Average Home Value | $220,248 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
464
Multi-Family
8
Businesses
86
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Listed by: Ali Dobrinski • Chalk Realty LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1166223
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