409 N Main StThomasOK73669
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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 Thomas at 409 N Main St, Thomas, OK, 73669 priced at $119,000 pairs $914/mo rent with $154/mo cash flow after a $582/mo payment. Total monthly income equals $914/mo, and annual cash flow comes to $1,854/yr on $39,449 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 9.22% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 128.35% and total cumulative return in cash reaches $50,633. For financing, Ziffy Mortgage’s DSCR program evaluates $914/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,685 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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