409 N Main StCommerceOK74339
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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
Rental property for sale in Commerce at 409 N Main St, Commerce, OK, 74339 priced at $130,000 converts $991/mo rent into $161/mo cash flow after a $636/mo obligation. Total monthly income equals $991/mo, and annual cash flow totals $1,933/yr on $43,095 invested. Return on cash invested prints 24.39% in year one, and rental yield reads 9.15% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 127.29% and total cumulative return in cash sums $54,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $991/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74339, Commerce, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 534 (54.5%) |
| Renter Occupied HU | 280 (28.6%) |
| Vacant Housing Units | 166 (16.9%) |
| Median Home Value | $70,641 |
| Average Home Value | $98,371 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
920
Multi-Family
1
Businesses
93
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Listed by: Dustin B Foster • Solid Rock REALTORS - Miami
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-778
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.