407 N 6th AveFairviewOK73737
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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 Fairview at 407 N 6th Ave, Fairview, OK, 73737 listed at $154,900 pairs $1,190/mo rent with a $758/mo payment to leave $201/mo cash flow. Total monthly income runs $1,190/mo, and annual cash flow reaches $2,411/yr on $51,349 cash to close. Return on cash invested measures 24.6% in year one, and rental yield registers 9.22% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 128.29% and total cumulative return in cash totals $65,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,190/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73737, Fairview, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,009 (56.7%) |
| Renter Occupied HU | 434 (24.4%) |
| Vacant Housing Units | 337 (18.9%) |
| Median Home Value | $147,596 |
| Average Home Value | $186,293 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,374
Multi-Family
82
Businesses
250
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