2738 State Highway 8aWatongaOK73772
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 Watonga at 2738 State Highway 8a, Watonga, OK, 73772 uses $73,925 cash to close to unlock $1,507/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $1,091/mo payment keeps the spread at $126/mo. Purchase price stands at $223,000, and rental yield measures 8.35% with $1,552/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $61,611 over five years. Five-year ROI reaches 114.07% and total cumulative return in cash records $84,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73772, Watonga, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,935 (100%) |
| Owner Occupied HU | 1,062 (54.9%) |
| Renter Occupied HU | 503 (26.0%) |
| Vacant Housing Units | 370 (19.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $206,556 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,566
Multi-Family
0
Businesses
210
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