422 N Forest StJenksOK74037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jenks at 422 N Forest St, Jenks, OK, 74037 uses $85,162 cash to close to unlock $4,557/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $1,257/mo payment keeps the spread at $380/mo. Purchase price stands at $256,900, and rental yield measures 9.44% with $2,020/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $70,977 over five years. Five-year ROI reaches 131.81% and total cumulative return in cash records $112,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $1,257/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74037, Jenks, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,439 (100%) |
| Owner Occupied HU | 6,423 (68.0%) |
| Renter Occupied HU | 2,388 (25.3%) |
| Vacant Housing Units | 628 ( 6.7%) |
| Median Home Value | $312,672 |
| Average Home Value | $388,624 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
8,572
Multi-Family
332
Businesses
940
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices