502 W East StOkeeneOK73763
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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 Okeene at 502 W East St, Okeene, OK, 73763 generates $1,086/mo in rent and, after a $710/mo payment, leaves $160/mo in cash flow. Total monthly income is $1,086/mo, and annual cash flow is $1,917/yr on $48,068 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.99% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $59,840. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73763, Okeene, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 434 (60.2%) |
| Renter Occupied HU | 164 (22.7%) |
| Vacant Housing Units | 123 (17.1%) |
| Median Home Value | $165,476 |
| Average Home Value | $220,248 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
464
Multi-Family
8
Businesses
86
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