509 Remington AveJonesOK73049
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 Jones at 509 Remington Ave, Jones, OK, 73049 priced at $270,000 converts $1,859/mo rent into $134/mo cash flow after a $1,322/mo obligation. Total monthly income equals $1,859/mo, and annual cash flow totals $1,611/yr on $89,505 invested. Return on cash invested prints 21.71% in year one, and rental yield reads 8.26% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 112.78% and total cumulative return in cash sums $100,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,859/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73049, Jones, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,778 (100%) |
| Owner Occupied HU | 1,999 (72.0%) |
| Renter Occupied HU | 539 (19.4%) |
| Vacant Housing Units | 240 ( 8.6%) |
| Median Home Value | $330,161 |
| Average Home Value | $416,775 |
Housing Distribution
Address Breakdown
Residential
2,786
Single Family
2,754
Multi-Family
32
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices