405 W Broadway StThomasOK73669
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
Investment property for sale in Thomas at 405 W Broadway St, Thomas, OK, 73669 offers a 10.11% rental yield on a $230,000 purchase with $1,938/mo rent. Total monthly income registers $1,938/mo, and a $1,126/mo payment leaves $469/mo available for distribution. Annual cash flow reaches $5,627/yr on $76,245 to close, and return on cash invested stands at 27.29% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 142.68% and total cumulative return in cash at $108,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,938/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73669, Thomas, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 799 (100%) |
| Owner Occupied HU | 513 (64.2%) |
| Renter Occupied HU | 167 (20.9%) |
| Vacant Housing Units | 119 (14.9%) |
| Median Home Value | $151,964 |
| Average Home Value | $172,047 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
74
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