354641 E 1040thPragueOK74864
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing354641 E 1040th, Prague, OK, 74864 in Prague is a stable, well-positioned rental at $349,900. Rental yield 6.72%. DSCR 1.18 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $96,671 in value and $2,933/yr in principal paydown builds equity, a total projected return of $108,637.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.2% |
| Monthly Cash Flow | $(276) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,958 |
| Total Monthly Debt Service | $2,181 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74864, Prague, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,278 (100%) |
| Owner Occupied HU | 1,512 (66.4%) |
| Renter Occupied HU | 593 (26.0%) |
| Vacant Housing Units | 173 ( 7.6%) |
| Median Home Value | $192,480 |
| Average Home Value | $266,314 |
Housing Distribution
Address Breakdown
Residential
2,116
Single Family
2,116
Multi-Family
0
Businesses
157
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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
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