603 Johnson StMeekerOK74855
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 Meeker at 603 Johnson St, Meeker, OK, 74855 priced at $200,000 pairs $1,690/mo rent with $413/mo cash flow after a $979/mo payment. Total monthly income equals $1,690/mo, and annual cash flow comes to $4,952/yr on $66,300 invested. Return on cash invested is 27.38% in year one, and rental yield stands at 10.14% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 143.16% and total cumulative return in cash reaches $94,916. For financing, Ziffy Mortgage’s DSCR program evaluates $1,690/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74855, Meeker, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,947 (100%) |
| Owner Occupied HU | 1,389 (71.3%) |
| Renter Occupied HU | 367 (18.8%) |
| Vacant Housing Units | 191 ( 9.8%) |
| Median Home Value | $192,763 |
| Average Home Value | $232,570 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,861
Multi-Family
0
Businesses
99
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