2419 Cherry AveWoodwardOK73801
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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
Rental property for sale in Woodward at 2419 Cherry Ave, Woodward, OK, 73801 priced at $130,000 converts $1,011/mo rent into $181/mo cash flow after a $636/mo obligation. Total monthly income equals $1,011/mo, and annual cash flow totals $2,173/yr on $43,095 invested. Return on cash invested prints 24.95% in year one, and rental yield reads 9.33% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 130.24% and total cumulative return in cash sums $56,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,011/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1965
8,712 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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