507 Michigan StGeronimoOK73543
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
Rental property for sale in Geronimo at 507 Michigan St, Geronimo, OK, 73543 priced at $115,000 pairs $900/mo rent with $165/mo cash flow after a $563/mo payment. Total monthly income equals $900/mo, and annual cash flow comes to $1,986/yr on $38,123 invested. Return on cash invested is 25.12% in year one, and rental yield stands at 9.39% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 131.1% and total cumulative return in cash reaches $49,977. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73543, Geronimo, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 767 (100%) |
| Owner Occupied HU | 466 (60.8%) |
| Renter Occupied HU | 177 (23.1%) |
| Vacant Housing Units | 124 (16.2%) |
| Median Home Value | $210,174 |
| Average Home Value | $190,215 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
18
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