602 S Price AveHominyOK74035
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
Investment Highlights
Rental property for sale in Hominy at 602 S Price Ave, Hominy, OK, 74035 offers $1,162/mo rent that, after a $660/mo payment, leaves $301/mo cash flow. Total monthly income is $1,162/mo, and annual cash flow is $3,609/yr on $44,719 cash. Return on cash invested measures 27.98% in year one, and rental yield stands at 10.34% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 146.39% and total cumulative return in cash reaches $65,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,162/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
2,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74035, Hominy, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 794 (56.2%) |
| Renter Occupied HU | 375 (26.6%) |
| Vacant Housing Units | 243 (17.2%) |
| Median Home Value | $79,483 |
| Average Home Value | $136,448 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
136
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