56701 E 310th Rd UNIT 732Monkey IslandOK74331
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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
Investment property for sale in Monkey Island at 56701 E 310th Rd UNIT 732, Monkey Island, OK, 74331 offers a 7.1% rental yield on a $199,000 purchase with $1,178/mo rent. 22% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 94.11% and total cumulative return in cash at $62,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74331, Afton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,282 (100%) |
| Owner Occupied HU | 2,431 (38.7%) |
| Renter Occupied HU | 631 (10.0%) |
| Vacant Housing Units | 3,220 (51.3%) |
| Median Home Value | $220,177 |
| Average Home Value | $307,555 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,038
Multi-Family
182
Businesses
187
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Listed by: Sue Ackerson • Grand View Realty,Inc.
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-1945