462436 Riverside DrWattsOK74964
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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 Watts at 462436 Riverside Dr, Watts, OK, 74964 generates $1,489/mo in rent and, after a $976/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,489/mo, and annual cash flow is $2,585/yr on $66,134 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 8.96% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash sums $82,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,489/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74964, Watts, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,034 (100%) |
| Owner Occupied HU | 692 (66.9%) |
| Renter Occupied HU | 198 (19.1%) |
| Vacant Housing Units | 144 (13.9%) |
| Median Home Value | $160,377 |
| Average Home Value | $229,007 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
1,009
Multi-Family
0
Businesses
47
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