36 W Okarche AveOkarcheOK73762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Okarche at 36 W Okarche Ave, Okarche, OK, 73762 priced at $249,300 converts $1,895/mo rent into $303/mo cash flow after a $1,220/mo obligation. Total monthly income equals $1,895/mo, and annual cash flow totals $3,637/yr on $82,643 invested. Return on cash invested prints 24.31% in year one, and rental yield reads 9.12% against a $249,300 entry. Equity gained on principal adds $1,609/yr, while 5% annual appreciation compiles into $68,877 by year five. Five-year ROI reaches 126.76% and total cumulative return in cash sums $104,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,895/mo property income covering a $1,220/mo payment, not borrower’s personal income.
Single Family
Built in 1976
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73762, Okarche, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 653 (71.4%) |
| Renter Occupied HU | 145 (15.8%) |
| Vacant Housing Units | 117 (12.8%) |
| Median Home Value | $261,667 |
| Average Home Value | $302,381 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
76
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