233 Joy LnCartwrightOK74731
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Cartwright at 233 Joy Ln, Cartwright, OK, 74731 at $318,000 posts ROI 28.76% with $778/mo cash flow from $2,808/mo rent. Total monthly income equals $2,808/mo, and annual cash flow records $9,332/yr on $105,417 to close. Return on cash invested measures 28.76% and rental yield reads 10.6% at the current $318,000. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 by year five. Five-year ROI prints 150.57% and total cumulative return in cash totals $158,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74731, Cartwright, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 510 (58.9%) |
| Renter Occupied HU | 150 (17.3%) |
| Vacant Housing Units | 206 (23.8%) |
| Median Home Value | $182,292 |
| Average Home Value | $191,162 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Richard Patterson • Texoma Land & Home Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2544447