429590 E 1149th RdPorumOK74455
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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 Porum at 429590 E 1149th Rd, Porum, OK, 74455 uses $54,698 cash to close to unlock $1,726/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,198/mo, and a $808/mo payment keeps the spread at $144/mo. Purchase price stands at $165,000, and rental yield measures 8.71% with $1,198/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $65,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,198/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74455, Porum, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,696 (100%) |
| Owner Occupied HU | 932 (55.0%) |
| Renter Occupied HU | 181 (10.7%) |
| Vacant Housing Units | 583 (34.4%) |
| Median Home Value | $153,626 |
| Average Home Value | $194,839 |
Housing Distribution
Address Breakdown
Residential
1,121
Single Family
1,121
Multi-Family
0
Businesses
35
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Listed by: Brian Womack • Porches and Pastures
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2520482
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.