311 N 2nd StThomasOK73669
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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 Thomas at 311 N 2nd St, Thomas, OK, 73669 listed at $110,000 pairs $868/mo rent with a $538/mo payment to leave $166/mo cash flow. Total monthly income runs $868/mo, and annual cash flow reaches $1,991/yr on $36,465 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 9.47% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 132.36% and total cumulative return in cash totals $48,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $868/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1985
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73669, Thomas, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 799 (100%) |
| Owner Occupied HU | 513 (64.2%) |
| Renter Occupied HU | 167 (20.9%) |
| Vacant Housing Units | 119 (14.9%) |
| Median Home Value | $151,964 |
| Average Home Value | $172,047 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
74
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