502 & 504 S Main StTonkawaOK74653
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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 Tonkawa at 502 & 504 S Main St, Tonkawa, OK, 74653 listed at $150,000 pairs $630/mo rent with a $734/mo payment. Total monthly income runs $630/mo. Return on cash invested measures 12% in year one, and rental yield registers 5.04% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 60.75% and total cumulative return in cash totals $30,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $630/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74653, Tonkawa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 854 (54.8%) |
| Renter Occupied HU | 432 (27.7%) |
| Vacant Housing Units | 272 (17.5%) |
| Median Home Value | $109,494 |
| Average Home Value | $207,125 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,420
Multi-Family
8
Businesses
170
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