308 W 3rd StJayOK74346
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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 Jay at 308 W 3rd St, Jay, OK, 74346 offers a 5.54% rental yield on a $329,000 purchase with $1,519/mo rent. 51% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 68.8% and total cumulative return in cash at $75,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,519/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74346, Jay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,735 (100%) |
| Owner Occupied HU | 2,050 (54.9%) |
| Renter Occupied HU | 852 (22.8%) |
| Vacant Housing Units | 833 (22.3%) |
| Median Home Value | $188,433 |
| Average Home Value | $317,728 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
2,725
Multi-Family
65
Businesses
207
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