5281 Nowata Rd #Q101BartlesvilleOK74006
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 5281 Nowata Rd #Q101, Bartlesville, OK, 74006 in Bartlesville achieves 1.69, rent of $797/mo covers the $472/mo payment 1.5x over at $105,000. Rental yield 9.14%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $29,010 over five years, with $967/yr in principal reduction bringing total projected return to $23,019.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.8% |
| Monthly Cash Flow | $(289) | $320 |
City averages based on Bartlesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $797 |
| Total Monthly Debt Service | $1,047 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
1,176 sqft lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74006, Bartlesville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,404 (100%) |
| Owner Occupied HU | 8,266 (66.6%) |
| Renter Occupied HU | 3,133 (25.3%) |
| Vacant Housing Units | 1,005 ( 8.1%) |
| Median Home Value | $212,189 |
| Average Home Value | $251,773 |
Housing Distribution
Address Breakdown
Residential
12,106
Single Family
11,209
Multi-Family
897
Businesses
913
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
Condo
Built in 1983
1,176 sqft lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74006, Bartlesville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,404 (100%) |
| Owner Occupied HU | 8,266 (66.6%) |
| Renter Occupied HU | 3,133 (25.3%) |
| Vacant Housing Units | 1,005 ( 8.1%) |
| Median Home Value | $212,189 |
| Average Home Value | $251,773 |
Housing Distribution
Address Breakdown
Residential
12,106
Single Family
11,209
Multi-Family
897
Businesses
913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Wilhelms • Hester Realty Group
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2520633
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.