2231 E Iris AveHobartOK73651
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2231 E Iris Ave, Hobart, OK, 73651 in Hobart at $450,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $2,023/mo debt service; the core return is the 5%/yr price growth projected to add $124,327 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73651, Hobart, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 979 (47.5%) |
| Renter Occupied HU | 564 (27.4%) |
| Vacant Housing Units | 519 (25.2%) |
| Median Home Value | $84,149 |
| Average Home Value | $132,674 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,566
Multi-Family
61
Businesses
229
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73651, Hobart, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 979 (47.5%) |
| Renter Occupied HU | 564 (27.4%) |
| Vacant Housing Units | 519 (25.2%) |
| Median Home Value | $84,149 |
| Average Home Value | $132,674 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,566
Multi-Family
61
Businesses
229
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kristie Brady • Aspen Grace Realty II LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1162338
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