348171 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 348171 E 1020th Rd, Meeker, OK, 74855 listed at $292,600 pairs $1,610/mo rent with a $1,432/mo payment. Total monthly income runs $1,610/mo. Return on cash invested measures 16.71% in year one, and rental yield registers 6.6% at a $292,600 basis. Equity gained on principal adds $1,888/yr, and annual property appreciation at 5% supports $80,840 by year five. Five-year ROI tracks 85.97% and total cumulative return in cash totals $83,393. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,610/mo property income relative to a $1,432/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
38 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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