23090 J O B RdHoweOK74940
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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 Howe at 23090 J O B Rd, Howe, OK, 74940 uses $56,024 cash to close to unlock $1,931/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $827/mo payment keeps the spread at $161/mo. Purchase price stands at $169,000, and rental yield measures 8.8% with $1,240/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 121.57% and total cumulative return in cash records $68,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74940, Howe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,162 (100%) |
| Owner Occupied HU | 785 (67.6%) |
| Renter Occupied HU | 249 (21.4%) |
| Vacant Housing Units | 128 (11.0%) |
| Median Home Value | $152,734 |
| Average Home Value | $193,455 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
24
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