29898 S 566th Rd #514AftonOK74331
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 29898 S 566th Rd #514, Afton, OK, 74331 in Afton achieves a 1.70 ratio at $255,000: $1,950/mo rent versus $1,147/mo debt service. Rental yield 9.18%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.18% yield compounds alongside 5% annual appreciation projecting $70,452 in value. Total projected cumulative return: $89,879.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $(140) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,950 |
| Total Monthly Debt Service | $1,989 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1982
871.20 sqft lot
$N/A/sqft
$462 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74331, Afton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,282 (100%) |
| Owner Occupied HU | 2,431 (38.7%) |
| Renter Occupied HU | 631 (10.0%) |
| Vacant Housing Units | 3,220 (51.3%) |
| Median Home Value | $220,177 |
| Average Home Value | $307,555 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,038
Multi-Family
182
Businesses
187
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
Townhouse
Built in 1982
871.20 sqft lot
$N/A/sqft
$462 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74331, Afton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,282 (100%) |
| Owner Occupied HU | 2,431 (38.7%) |
| Renter Occupied HU | 631 (10.0%) |
| Vacant Housing Units | 3,220 (51.3%) |
| Median Home Value | $220,177 |
| Average Home Value | $307,555 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,038
Multi-Family
182
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katelin Threet • Keller Williams Realty Grand Lake
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-898
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.