506 S 8th StDavisOK73030
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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 Davis at 506 S 8th St, Davis, OK, 73030 listed at $149,000 pairs $1,104/mo rent with a $729/mo payment to leave $153/mo cash flow. Total monthly income runs $1,104/mo, and annual cash flow reaches $1,833/yr on $49,394 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 8.89% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 123.04% and total cumulative return in cash totals $60,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,104/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73030, Davis, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,197 (57.9%) |
| Renter Occupied HU | 591 (28.6%) |
| Vacant Housing Units | 281 (13.6%) |
| Median Home Value | $161,489 |
| Average Home Value | $222,809 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,722
Multi-Family
14
Businesses
268
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Listed by: Randi Nowlin • Initial Point Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522178
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.