409 Fairway CirGroveOK74344
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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 Grove at 409 Fairway Cir, Grove, OK, 74344 earns $75/mo cash flow from $2,266/mo rent with a $1,664/mo payment. Total monthly income totals $2,266/mo, and annual cash flow totals $898/yr on $112,710 capital. ROI tracks 20.71% on current figures, and rental yield reads 8% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 107.43% and total cumulative return in cash sums $121,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,266/mo property income instead of your personal income.
Single Family
Built in 2022
0.29 Acres lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74344, Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,731 (100%) |
| Owner Occupied HU | 4,835 (55.4%) |
| Renter Occupied HU | 1,962 (22.5%) |
| Vacant Housing Units | 1,934 (22.2%) |
| Median Home Value | $250,896 |
| Average Home Value | $348,940 |
Housing Distribution
Address Breakdown
Residential
7,509
Single Family
7,266
Multi-Family
243
Businesses
625
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Listed by: Lisa Arizpe • KW Grand Lake
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2513225
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.