55 E Boundary RdMedicine ParkOK73557
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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 Medicine Park at 55 E Boundary Rd, Medicine Park, OK, 73557 generates $2,100/mo in rent and, after a $1,395/mo payment, leaves $280/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $3,358/yr on $94,478 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.84% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash sums $115,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73557, Medicine Park, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 121 (56.8%) |
| Renter Occupied HU | 22 (10.3%) |
| Vacant Housing Units | 70 (32.9%) |
| Median Home Value | $358,108 |
| Average Home Value | $366,302 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: MEGAN IRWIN • KELLER WILLIAMS RED RIVER
Mls Name: Lawton BOR
Mls ID: #169966