402 E 6th StAmberOK73004
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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 Amber at 402 E 6th St, Amber, OK, 73004 uses $58,013 cash to close to unlock $2,208/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $857/mo payment keeps the spread at $184/mo. Purchase price stands at $175,000, and rental yield measures 8.93% with $1,302/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 123.52% and total cumulative return in cash records $71,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73004, Amber, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 289 (69.5%) |
| Renter Occupied HU | 76 (18.3%) |
| Vacant Housing Units | 51 (12.3%) |
| Median Home Value | $184,896 |
| Average Home Value | $212,751 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
28
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Listed by: LaRonda McCarther • Downtown Realty Group
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1171959
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