506 Scott StWayneOK74831
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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 Wayne at 506 Scott St, Wayne, OK, 74831 earns $526/mo cash flow from $1,612/mo rent with a $832/mo payment. Total monthly income totals $1,612/mo, and annual cash flow totals $6,317/yr on $56,355 capital. ROI tracks 31.12% on current figures, and rental yield reads 11.38% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 163.25% and total cumulative return in cash sums $92,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,612/mo property income instead of your personal income.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74831, Byars, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 465 (100%) |
| Owner Occupied HU | 313 (67.3%) |
| Renter Occupied HU | 81 (17.4%) |
| Vacant Housing Units | 71 (15.3%) |
| Median Home Value | $223,649 |
| Average Home Value | $271,086 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
14
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