404 Oakland AveWashingtonOK73093
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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
Investment property for sale in Washington at 404 Oakland Ave, Washington, OK, 73093 offers a 9.56% rental yield on a $185,000 purchase with $1,474/mo rent. Total monthly income registers $1,474/mo, and a $905/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,516/yr on $61,328 to close, and return on cash invested stands at 25.64% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 133.92% and total cumulative return in cash at $82,131. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,474/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73093, Washington, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 1,255 (79.7%) |
| Renter Occupied HU | 215 (13.7%) |
| Vacant Housing Units | 105 ( 6.7%) |
| Median Home Value | $291,952 |
| Average Home Value | $328,813 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,230
Multi-Family
0
Businesses
96
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Listed by: Whitney Hensley • Hensley Home Group LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1190665