612 Madison StBessieOK73622
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 Bessie at 612 Madison St, Bessie, OK, 73622 priced at $115,500 converts $928/mo rent into $191/mo cash flow after a $565/mo obligation. Total monthly income equals $928/mo, and annual cash flow totals $2,289/yr on $38,288 invested. Return on cash invested prints 25.89% in year one, and rental yield reads 9.64% against a $115,500 entry. Equity gained on principal adds $745/yr, while 5% annual appreciation compiles into $31,911 by year five. Five-year ROI reaches 135.17% and total cumulative return in cash sums $51,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $928/mo property income covering a $565/mo payment, not borrower’s personal income.
Single Family
Built in 1946
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73622, Bessie, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 64 (66.7%) |
| Renter Occupied HU | 17 (17.7%) |
| Vacant Housing Units | 15 (15.6%) |
| Median Home Value | $319,355 |
| Average Home Value | $274,766 |
Housing Distribution
Address Breakdown
Residential
81
Single Family
81
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices