337030 E 1016th RdMeekerOK74855
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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
Rental property for sale in Meeker at 337030 E 1016th Rd, Meeker, OK, 74855 generates $2,354/mo in rent and, after a $1,640/mo payment, leaves $214/mo in cash flow. Total monthly income is $2,354/mo, and annual cash flow is $2,571/yr on $111,053 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 8.43% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash sums $128,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74855, Meeker, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,947 (100%) |
| Owner Occupied HU | 1,389 (71.3%) |
| Renter Occupied HU | 367 (18.8%) |
| Vacant Housing Units | 191 ( 9.8%) |
| Median Home Value | $192,763 |
| Average Home Value | $232,570 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,861
Multi-Family
0
Businesses
99
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