29630 Parkwood RdMcLoudOK74851
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
Rental property for sale in McLoud at 29630 Parkwood Rd, McLoud, OK, 74851 generates $2,234/mo in rent, after a $2,056/mo payment. Total monthly income is $2,234/mo. Return on cash invested sits at 16.04% in year one, and rental yield is 6.38% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 82.38% and total cumulative return in cash sums $114,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,234/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
20.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74851, Mcloud, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 3,041 (73.0%) |
| Renter Occupied HU | 804 (19.3%) |
| Vacant Housing Units | 320 ( 7.7%) |
| Median Home Value | $229,253 |
| Average Home Value | $244,153 |
Housing Distribution
Address Breakdown
Residential
3,741
Single Family
3,723
Multi-Family
18
Businesses
165
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Nearby investment properties with comparable prices
Listed by: Kobi Abbott • Keller Williams Central OK ED
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1179242
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