419 Magnolia DrAlvaOK73717
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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 Alva at 419 Magnolia Dr, Alva, OK, 73717 priced at $235,000 converts $1,832/mo rent into $331/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,832/mo, and annual cash flow totals $3,978/yr on $77,903 invested. Return on cash invested prints 25.01% in year one, and rental yield reads 9.35% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 130.49% and total cumulative return in cash sums $101,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,832/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 2014
N/A 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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