488 Rock House RdBenningtonOK74723
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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 Bennington at 488 Rock House Rd, Bennington, OK, 74723 priced at $399,000 converts $2,827/mo rent into $279/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,827/mo, and annual cash flow totals $3,346/yr on $132,269 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 8.5% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 116.66% and total cumulative return in cash sums $154,298. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,827/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2021
9.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74723, Bennington, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 799 (100%) |
| Owner Occupied HU | 514 (64.3%) |
| Renter Occupied HU | 136 (17.0%) |
| Vacant Housing Units | 149 (18.6%) |
| Median Home Value | $202,976 |
| Average Home Value | $227,894 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
524
Multi-Family
0
Businesses
17
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Listed by: Drew Jackson • Legacy Land & Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2540866