309 N 3rd StMilburnOK73450
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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 Milburn at 309 N 3rd St, Milburn, OK, 73450 offers a 11.28% rental yield on a $160,000 purchase with $1,504/mo rent. Total monthly income registers $1,504/mo, and a $783/mo payment leaves $482/mo available for distribution. Annual cash flow reaches $5,788/yr on $53,040 to close, and return on cash invested stands at 30.82% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 161.7% and total cumulative return in cash at $85,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,504/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73450, Milburn, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 358 (68.7%) |
| Renter Occupied HU | 65 (12.5%) |
| Vacant Housing Units | 98 (18.8%) |
| Median Home Value | $153,409 |
| Average Home Value | $194,483 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
464
Multi-Family
0
Businesses
17
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