604 Manchester DrIdabelOK74745
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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
Rental property for sale in Idabel at 604 Manchester Dr, Idabel, OK, 74745 offers $2,053/mo rent that, after a $1,415/mo payment, leaves $207/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $2,483/yr on $95,804 cash. Return on cash invested measures 22.5% in year one, and rental yield stands at 8.52% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 116.99% and total cumulative return in cash reaches $112,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74745, Idabel, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,190 (100%) |
| Owner Occupied HU | 2,186 (52.2%) |
| Renter Occupied HU | 1,525 (36.4%) |
| Vacant Housing Units | 479 (11.4%) |
| Median Home Value | $151,543 |
| Average Home Value | $214,714 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,844
Multi-Family
168
Businesses
553
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