3473 SE 1083rd AveRed OakOK74563
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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 Red Oak at 3473 SE 1083rd Ave, Red Oak, OK, 74563 uses $64,609 cash to close to unlock $2,859/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,483/mo, and a $954/mo payment keeps the spread at $238/mo. Purchase price stands at $194,900, and rental yield measures 9.13% with $1,483/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 126.9% and total cumulative return in cash records $81,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,483/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74563, Red Oak, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 559 (66.5%) |
| Renter Occupied HU | 131 (15.6%) |
| Vacant Housing Units | 151 (18.0%) |
| Median Home Value | $121,655 |
| Average Home Value | $185,313 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
39
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