505 N 4th StRamonaOK74061
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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 Ramona at 505 N 4th St, Ramona, OK, 74061 generates $0/mo in rent, after a $974/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.21% in year one, and rental yield is 0% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74061, Ramona, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 610 (72.9%) |
| Renter Occupied HU | 123 (14.7%) |
| Vacant Housing Units | 104 (12.4%) |
| Median Home Value | $267,347 |
| Average Home Value | $346,389 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
63
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No similar rental properties found nearby.
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