406 Mimosa DrAlvaOK73717
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 Alva at 406 Mimosa Dr, Alva, OK, 73717 at $134,900 posts ROI 25.56% with $211/mo cash flow from $1,072/mo rent. Total monthly income equals $1,072/mo, and annual cash flow records $2,529/yr on $44,719 to close. Return on cash invested measures 25.56% and rental yield reads 9.54% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 133.46% and total cumulative return in cash totals $59,681.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,072/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73717, Alva, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,216 (100%) |
| Owner Occupied HU | 1,545 (48.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 696 (21.6%) |
| Median Home Value | $169,417 |
| Average Home Value | $213,518 |
Housing Distribution
Address Breakdown
Residential
2,826
Single Family
2,723
Multi-Family
103
Businesses
421
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