29229 N 2980th RdCashionOK73016
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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 Cashion at 29229 N 2980th Rd, Cashion, OK, 73016 offers a 8.34% rental yield on a $469,900 purchase with $3,264/mo rent. Total monthly income registers $3,264/mo, and a $2,300/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,157/yr on $155,772 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 113.99% and total cumulative return in cash at $177,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,264/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73016, Cashion, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 591 (76.3%) |
| Renter Occupied HU | 107 (13.8%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $315,357 |
| Average Home Value | $373,350 |
Housing Distribution
Address Breakdown
Residential
789
Single Family
789
Multi-Family
0
Businesses
54
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