518 24th StWoodwardOK73801
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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
Rental property for sale in Woodward at 518 24th St, Woodward, OK, 73801 generates $1,346/mo in rent and, after a $710/mo payment, leaves $420/mo in cash flow. Total monthly income is $1,346/mo, and annual cash flow is $5,037/yr on $48,068 invested. Return on cash invested sits at 30.39% in year one, and rental yield is 11.14% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 159.32% and total cumulative return in cash sums $76,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,346/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73801, Woodward, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,504 (100%) |
| Owner Occupied HU | 3,969 (52.9%) |
| Renter Occupied HU | 2,137 (28.5%) |
| Vacant Housing Units | 1,398 (18.6%) |
| Median Home Value | $189,881 |
| Average Home Value | $218,953 |
Housing Distribution
Address Breakdown
Residential
6,464
Single Family
6,289
Multi-Family
175
Businesses
750
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