307 E 6th StGraniteOK73547
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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 Granite at 307 E 6th St, Granite, OK, 73547 uses $46,410 cash to close to unlock $3,338/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,172/mo, and a $685/mo payment keeps the spread at $278/mo. Purchase price stands at $140,000, and rental yield measures 10.05% with $1,172/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 141.74% and total cumulative return in cash records $65,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,172/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73547, Granite, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 334 (51.4%) |
| Renter Occupied HU | 125 (19.2%) |
| Vacant Housing Units | 191 (29.4%) |
| Median Home Value | $117,667 |
| Average Home Value | $167,425 |
Housing Distribution
Address Breakdown
Residential
317
Single Family
301
Multi-Family
16
Businesses
32
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