300 N Illinois AvePanamaOK74930
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 300 N Illinois Ave, Panama, OK, 74930 in Panama delivers $1,134/mo in gross rent and $224/mo in net monthly income at a $142,500 entry. The 9.55% yield and 1.77 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $39,370 over five years and $1,312/yr in equity from loan paydown, total projected return is $68,585.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $224 | $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 | $1,134 |
| Total Monthly Debt Service | $853 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2005
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74930, Bokoshe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 957 (62.1%) |
| Renter Occupied HU | 388 (25.2%) |
| Vacant Housing Units | 196 (12.7%) |
| Median Home Value | $118,435 |
| Average Home Value | $152,550 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
828
Multi-Family
0
Businesses
22
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
Manufactured
Built in 2005
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74930, Bokoshe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 957 (62.1%) |
| Renter Occupied HU | 388 (25.2%) |
| Vacant Housing Units | 196 (12.7%) |
| Median Home Value | $118,435 |
| Average Home Value | $152,550 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
828
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices