505 S 6th StNobleOK73068
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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 Noble at 505 S 6th St, Noble, OK, 73068 earns $439/mo cash flow from $1,415/mo rent with a $748/mo payment. Total monthly income totals $1,415/mo, and annual cash flow totals $5,267/yr on $50,686 capital. ROI tracks 30.3% on current figures, and rental yield reads 11.11% at a $152,900 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,243 over five years. Five-year ROI reaches 158.84% and total cumulative return in cash sums $80,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,415/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73068, Noble, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,525 (100%) |
| Owner Occupied HU | 3,650 (66.1%) |
| Renter Occupied HU | 1,383 (25.0%) |
| Vacant Housing Units | 492 ( 8.9%) |
| Median Home Value | $247,475 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
5,056
Single Family
4,959
Multi-Family
97
Businesses
323
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