36942 Porter LnWanetteOK74878
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 Wanette at 36942 Porter Ln, Wanette, OK, 74878 generates $1,854/mo in rent, after a $1,537/mo payment. Total monthly income is $1,854/mo. Return on cash invested sits at 18.16% in year one, and rental yield is 7.09% on a $314,000 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 93.76% and total cumulative return in cash sums $97,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74878, Wanette, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 519 (71.3%) |
| Renter Occupied HU | 106 (14.6%) |
| Vacant Housing Units | 103 (14.1%) |
| Median Home Value | $164,919 |
| Average Home Value | $215,395 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices