323 E 5th StGrandfieldOK73546
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
Investment Highlights
Investment property for sale in Grandfield at 323 E 5th St, Grandfield, OK, 73546 offers a 9.8% rental yield on a $150,000 purchase with $1,225/mo rent. Total monthly income registers $1,225/mo, and a $734/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,207/yr on $49,725 to close, and return on cash invested stands at 26.36% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 137.76% and total cumulative return in cash at $68,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,225/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73546, Grandfield, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 327 (56.9%) |
| Renter Occupied HU | 117 (20.3%) |
| Vacant Housing Units | 131 (22.8%) |
| Median Home Value | $87,857 |
| Average Home Value | $126,422 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
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