4 Jade AveNewkirkOK74647
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 Newkirk at 4 Jade Ave, Newkirk, OK, 74647 generates $630/mo in rent, after a $3,915/mo payment. Total monthly income is $630/mo. Return on cash invested sits at -0.36% in year one, and rental yield is 0.95% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $630/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74647, Newkirk, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,562 (100%) |
| Owner Occupied HU | 961 (61.5%) |
| Renter Occupied HU | 343 (22.0%) |
| Vacant Housing Units | 258 (16.5%) |
| Median Home Value | $141,250 |
| Average Home Value | $198,496 |
Housing Distribution
Address Breakdown
Residential
1,478
Single Family
1,478
Multi-Family
0
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices