340338 E Highway 62MeekerOK74855
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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 Meeker at 340338 E Highway 62, Meeker, OK, 74855 listed at $625,000 pairs $2,372/mo rent with a $3,059/mo payment. Total monthly income runs $2,372/mo. Return on cash invested measures 10.61% in year one, and rental yield registers 4.55% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 53.21% and total cumulative return in cash totals $109,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,372/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
37 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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