3505 E State Highway 3IdabelOK74745
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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 Idabel at 3505 E State Highway 3, Idabel, OK, 74745 generates $1,050/mo in rent, after a $4,381/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 1.04% in year one, and rental yield is 1.41% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 1.9% and total cumulative return in cash sums $5,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
23.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74745, Idabel, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,190 (100%) |
| Owner Occupied HU | 2,186 (52.2%) |
| Renter Occupied HU | 1,525 (36.4%) |
| Vacant Housing Units | 479 (11.4%) |
| Median Home Value | $151,543 |
| Average Home Value | $214,714 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,844
Multi-Family
168
Businesses
553
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