602 W Oklahoma AveKingfisherOK73750
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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 Kingfisher at 602 W Oklahoma Ave, Kingfisher, OK, 73750 uses $66,263 cash to close to unlock $2,926/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,520/mo, and a $978/mo payment keeps the spread at $244/mo. Purchase price stands at $199,888, and rental yield measures 9.13% with $1,520/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $55,225 over five years. Five-year ROI reaches 126.76% and total cumulative return in cash records $83,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,520/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,313 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73750, Kingfisher, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,014 (63.6%) |
| Renter Occupied HU | 776 (24.5%) |
| Vacant Housing Units | 376 (11.9%) |
| Median Home Value | $225,049 |
| Average Home Value | $250,225 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,759
Multi-Family
0
Businesses
417
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Listed by: Jessica Smith • Exit Realty Premier
Mls Name: MLSOK/OKCMAR
Mls ID: #1187245