26242 Fernwood RdWashingtonOK73093
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 Washington at 26242 Fernwood Rd, Washington, OK, 73093 offers a 8.39% rental yield on a $225,000 purchase with $1,573/mo rent. Total monthly income registers $1,573/mo, and a $1,101/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,636/yr on $74,588 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 114.9% and total cumulative return in cash at $85,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,573/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73093, Washington, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 1,255 (79.7%) |
| Renter Occupied HU | 215 (13.7%) |
| Vacant Housing Units | 105 ( 6.7%) |
| Median Home Value | $291,952 |
| Average Home Value | $328,813 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,230
Multi-Family
0
Businesses
96
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Listed by: Donnie Woodard • RE/MAX Energy Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1205513