341242 E 1020th 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
Investment property for sale in Meeker at 341242 E 1020th Rd, Meeker, OK, 74855 offers a 9.11% rental yield on a $430,000 purchase with $3,266/mo rent. Total monthly income registers $3,266/mo, and a $2,105/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,235/yr on $142,545 to close, and return on cash invested stands at 24.28% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 126.56% and total cumulative return in cash at $180,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,266/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
9.54 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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