540 S Hamilton AveDeweyOK74029
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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 Dewey at 540 S Hamilton Ave, Dewey, OK, 74029 offers $1,949/mo rent that, after a $930/mo payment, leaves $734/mo cash flow. Total monthly income is $1,949/mo, and annual cash flow is $8,806/yr on $62,985 cash. Return on cash invested measures 33.89% in year one, and rental yield stands at 12.31% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 178.1% and total cumulative return in cash reaches $112,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,949/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74029, Dewey, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,469 (64.7%) |
| Renter Occupied HU | 563 (24.8%) |
| Vacant Housing Units | 237 (10.4%) |
| Median Home Value | $184,263 |
| Average Home Value | $199,770 |
Housing Distribution
Address Breakdown
Residential
2,128
Single Family
2,128
Multi-Family
0
Businesses
199
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