374 S Hickory StCopanOK74022
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 Copan at 374 S Hickory St, Copan, OK, 74022 offers $1,829/mo rent that, after a $514/mo payment, leaves $1,158/mo cash flow. Total monthly income is $1,829/mo, and annual cash flow is $13,900/yr on $34,808 cash. Return on cash invested measures 59.84% in year one, and rental yield stands at 20.9% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 317.35% and total cumulative return in cash reaches $110,462. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,829/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74022, Copan, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 556 (71.2%) |
| Renter Occupied HU | 132 (16.9%) |
| Vacant Housing Units | 93 (11.9%) |
| Median Home Value | $179,545 |
| Average Home Value | $224,429 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
24
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Listed by: Lori Oller • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2503282
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.