610 E 5th StDeweyOK74029
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
Investment property for sale in Dewey at 610 E 5th St, Dewey, OK, 74029 offers a 10.51% rental yield on a $113,000 purchase with $990/mo rent. Total monthly income registers $990/mo, and a $553/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,097/yr on $37,460 to close, and return on cash invested stands at 28.18% in year one. Equity gained on principal adds $729/yr while 5% annual appreciation supports $31,220 over five years. Portfolio math shows five-year ROI at 147.73% and total cumulative return in cash at $55,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74029, Dewey, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,469 (64.7%) |
| Renter Occupied HU | 563 (24.8%) |
| Vacant Housing Units | 237 (10.4%) |
| Median Home Value | $184,263 |
| Average Home Value | $199,770 |
Housing Distribution
Address Breakdown
Residential
2,128
Single Family
2,128
Multi-Family
0
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Brown • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2419027
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.