305 E Broadway StDrumrightOK74030
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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
Rental property for sale in Drumright at 305 E Broadway St, Drumright, OK, 74030 priced at $145,000 pairs $1,103/mo rent with $177/mo cash flow after a $710/mo payment. Total monthly income equals $1,103/mo, and annual cash flow comes to $2,121/yr on $48,068 invested. Return on cash invested is 24.32% in year one, and rental yield stands at 9.13% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 126.81% and total cumulative return in cash reaches $60,956. For financing, Ziffy Mortgage’s DSCR program evaluates $1,103/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2003
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74030, Drumright, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,011 (54.4%) |
| Renter Occupied HU | 524 (28.2%) |
| Vacant Housing Units | 323 (17.4%) |
| Median Home Value | $134,896 |
| Average Home Value | $198,741 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,308
Multi-Family
73
Businesses
199
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Listed by: Kaleb Wright • Coyote Co. Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2414782
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.