311 N 2nd StThomasOK73669
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 311 N 2nd St, Thomas, OK, 73669 in Thomas is narrow, $166/mo net on $868/mo rent after the $495/mo debt service, but the property operates at break-even-plus, not a loss. At $110,000 with a 9.47% yield, the long-run equity case via 5% appreciation ($30,391 over five years) and $1,013/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.75 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $52,429.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $166 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $868 |
| Total Monthly Debt Service | $659 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices