2229 Red CedarWoodwardOK73801
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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 Woodward at 2229 Red Cedar, Woodward, OK, 73801 offers a 10.07% rental yield on a $208,000 purchase with $1,746/mo rent. Total monthly income registers $1,746/mo, and a $1,018/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,004/yr on $68,952 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,342/yr while 5% annual appreciation supports $57,467 over five years. Portfolio math shows five-year ROI at 142.1% and total cumulative return in cash at $97,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,746/mo property income against a $1,018/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
6,098 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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