601 SW 3rd StMincoOK73059
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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 Minco at 601 SW 3rd St, Minco, OK, 73059 offers a 7.7% rental yield on a $145,000 purchase with $930/mo rent. Total monthly income registers $930/mo, and a $710/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $45/yr on $48,068 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 103.62% and total cumulative return in cash at $49,808. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73059, Minco, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 737 (65.8%) |
| Renter Occupied HU | 250 (22.3%) |
| Vacant Housing Units | 133 (11.9%) |
| Median Home Value | $167,115 |
| Average Home Value | $224,040 |
Housing Distribution
Address Breakdown
Residential
864
Single Family
864
Multi-Family
0
Businesses
63
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