42555 Timber Ridge RdHoweOK74940
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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 Howe at 42555 Timber Ridge Rd, Howe, OK, 74940 uses $82,544 cash to close to unlock $5,239/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $2,027/mo, and a $1,219/mo payment keeps the spread at $437/mo. Purchase price stands at $249,000, and rental yield measures 9.77% with $2,027/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 137.14% and total cumulative return in cash records $113,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,027/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74940, Howe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,162 (100%) |
| Owner Occupied HU | 785 (67.6%) |
| Renter Occupied HU | 249 (21.4%) |
| Vacant Housing Units | 128 (11.0%) |
| Median Home Value | $152,734 |
| Average Home Value | $193,455 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
24
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