301 E Church AveFairlandOK74343
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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 Fairland at 301 E Church Ave, Fairland, OK, 74343 uses $84,499 cash to close to unlock $1,545/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,757/mo, and a $1,248/mo payment keeps the spread at $129/mo. Purchase price stands at $254,900, and rental yield measures 8.27% with $1,757/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash records $95,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,757/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74343, Fairland, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 959 (62.8%) |
| Renter Occupied HU | 313 (20.5%) |
| Vacant Housing Units | 254 (16.6%) |
| Median Home Value | $159,673 |
| Average Home Value | $192,148 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
54
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