2614 Hanks TrlWoodwardOK73801
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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 Woodward at 2614 Hanks Trl, Woodward, OK, 73801 uses $53,040 cash to close to unlock $3,088/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,279/mo, and a $783/mo payment keeps the spread at $257/mo. Purchase price stands at $160,000, and rental yield measures 9.59% with $1,279/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 134.39% and total cumulative return in cash records $71,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,279/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.56 Acres 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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