401 W Cherokee StJayOK74346
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.38% yield at 401 W Cherokee St, Jay, OK, 74346 in Jay is solid, but the $850/mo payment compresses net cash flow to $113/mo at $189,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $52,217 by year five, and $1,741/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $79,151.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $113 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $1,132 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74346, Jay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,735 (100%) |
| Owner Occupied HU | 2,050 (54.9%) |
| Renter Occupied HU | 852 (22.8%) |
| Vacant Housing Units | 833 (22.3%) |
| Median Home Value | $188,433 |
| Average Home Value | $317,728 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
2,725
Multi-Family
65
Businesses
207
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74346, Jay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,735 (100%) |
| Owner Occupied HU | 2,050 (54.9%) |
| Renter Occupied HU | 852 (22.8%) |
| Vacant Housing Units | 833 (22.3%) |
| Median Home Value | $188,433 |
| Average Home Value | $317,728 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
2,725
Multi-Family
65
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices