2231 E Iris AveHobartOK73651
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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 Hobart at 2231 E Iris Ave, Hobart, OK, 73651 with 5% annual appreciation on a $450,000 basis while $0/mo rent supports operations. 21% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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