402 N Cedar StJenksOK74037
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 Jenks at 402 N Cedar St, Jenks, OK, 74037 priced at $256,200 converts $1,757/mo rent into $116/mo cash flow after a $1,254/mo obligation. Total monthly income equals $1,757/mo, and annual cash flow totals $1,389/yr on $84,930 invested. Return on cash invested prints 21.54% in year one, and rental yield reads 8.23% against a $256,200 entry. Equity gained on principal adds $1,653/yr, while 5% annual appreciation compiles into $70,783 by year five. Five-year ROI reaches 111.89% and total cumulative return in cash sums $95,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,757/mo property income covering a $1,254/mo payment, not borrower’s personal income.
Single Family
Built in 1973
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74037, Jenks, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,439 (100%) |
| Owner Occupied HU | 6,423 (68.0%) |
| Renter Occupied HU | 2,388 (25.3%) |
| Vacant Housing Units | 628 ( 6.7%) |
| Median Home Value | $312,672 |
| Average Home Value | $388,624 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
8,572
Multi-Family
332
Businesses
940
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