308 Fairway DrPerkinsOK74059
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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 Perkins at 308 Fairway Dr, Perkins, OK, 74059 with 5% annual appreciation on a $360,000 basis while $2,630/mo rent supports operations. Total monthly income totals $2,630/mo and a $1,762/mo payment preserves $331/mo for cash returns. Annual cash flow comes to $3,972/yr on $119,340 deployed, and return on cash invested reaches 23.24% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 8.77%. Five-year ROI measures 120.93% and total cumulative return in cash totals $144,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,630/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
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