504 E Padon AveBlackwellOK74631
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blackwell at 504 E Padon Ave, Blackwell, OK, 74631 offers a 8.17% rental yield on a $268,000 purchase with $1,825/mo rent. Total monthly income registers $1,825/mo, and a $1,312/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,359/yr on $88,842 to close, and return on cash invested stands at 21.44% in year one. Equity gained on principal adds $1,729/yr while 5% annual appreciation supports $74,043 over five years. Portfolio math shows five-year ROI at 111.34% and total cumulative return in cash at $98,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,825/mo property income against a $1,312/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74631, Blackwell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,477 (100%) |
| Owner Occupied HU | 1,836 (52.8%) |
| Renter Occupied HU | 900 (25.9%) |
| Vacant Housing Units | 741 (21.3%) |
| Median Home Value | $104,562 |
| Average Home Value | $192,397 |
Housing Distribution
Address Breakdown
Residential
2,946
Single Family
2,848
Multi-Family
98
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices