308 E Main StBokchitoOK74726
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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 Bokchito at 308 E Main St, Bokchito, OK, 74726 priced at $309,000 converts $2,371/mo rent into $398/mo cash flow after a $1,512/mo obligation. Total monthly income equals $2,371/mo, and annual cash flow totals $4,777/yr on $102,434 invested. Return on cash invested prints 24.57% in year one, and rental yield reads 9.21% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 128.15% and total cumulative return in cash sums $131,273. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,371/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74726, Bokchito, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 737 (64.5%) |
| Renter Occupied HU | 248 (21.7%) |
| Vacant Housing Units | 158 (13.8%) |
| Median Home Value | $205,435 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
38
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