248464 E 1984th LnDevolOK73531
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 Devol at 248464 E 1984th Ln, Devol, OK, 73531 offers a 5.55% rental yield on a $685,900 purchase with $3,174/mo rent. 65% in year one. Equity gained on principal adds $4,426/yr while 5% annual appreciation supports $189,502 over five years. Portfolio math shows five-year ROI at 69.48% and total cumulative return in cash at $156,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,174/mo property income against a $3,357/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73531, Devol, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 138 (100%) |
| Owner Occupied HU | 94 (68.1%) |
| Renter Occupied HU | 16 (11.6%) |
| Vacant Housing Units | 28 (20.3%) |
| Median Home Value | $155,357 |
| Average Home Value | $192,952 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
147
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Debra West • Re/Max Elite Group
Mls Name: WFAR
Mls Provider:
Mls ID: #177945
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