28598 State Road 22KeneficOK74748
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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 Kenefic at 28598 State Road 22, Kenefic, OK, 74748 generates $1,435/mo in rent and, after a $876/mo payment, leaves $292/mo in cash flow. Total monthly income is $1,435/mo, and annual cash flow is $3,504/yr on $59,339 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 9.62% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash sums $79,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74748, Kenefic, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 264 (73.7%) |
| Renter Occupied HU | 64 (17.9%) |
| Vacant Housing Units | 30 ( 8.4%) |
| Median Home Value | $208,000 |
| Average Home Value | $247,311 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
7
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