362052 Us Highway 62PadenOK74860
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
Investment property for sale in Paden at 362052 Us Highway 62, Paden, OK, 74860 uses $71,273 cash to close to unlock $2,403/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,573/mo, and a $1,052/mo payment keeps the spread at $200/mo. Purchase price stands at $215,000, and rental yield measures 8.78% with $1,573/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 121.23% and total cumulative return in cash records $86,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,573/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74860, Paden, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 733 (100%) |
| Owner Occupied HU | 499 (68.1%) |
| Renter Occupied HU | 106 (14.5%) |
| Vacant Housing Units | 128 (17.5%) |
| Median Home Value | $163,958 |
| Average Home Value | $206,553 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices