502 N 8th StHammonOK73650
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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 Hammon at 502 N 8th St, Hammon, OK, 73650 earns $143/mo cash flow from $827/mo rent with a $524/mo payment. Total monthly income totals $827/mo, and annual cash flow totals $1,721/yr on $35,471 capital. ROI tracks 24.76% on current figures, and rental yield reads 9.27% at a $107,000 purchase. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 over five years. Five-year ROI reaches 129.22% and total cumulative return in cash sums $45,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $827/mo property income instead of your personal income.
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73650, Hammon, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 349 (100%) |
| Owner Occupied HU | 238 (68.2%) |
| Renter Occupied HU | 49 (14.0%) |
| Vacant Housing Units | 62 (17.8%) |
| Median Home Value | $171,875 |
| Average Home Value | $225,399 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
19
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