500 E Iowa StWaltersOK73572
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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 Walters at 500 E Iowa St, Walters, OK, 73572 offers $1,530/mo rent that, after a $979/mo payment, leaves $253/mo cash flow. Total monthly income is $1,530/mo, and annual cash flow is $3,032/yr on $66,300 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.18% at a $199,999 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 127.65% and total cumulative return in cash reaches $84,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,530/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73572, Walters, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,669 (100%) |
| Owner Occupied HU | 1,017 (60.9%) |
| Renter Occupied HU | 377 (22.6%) |
| Vacant Housing Units | 275 (16.5%) |
| Median Home Value | $135,727 |
| Average Home Value | $178,056 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,373
Multi-Family
24
Businesses
119
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