620 NE 2nd AveDurantOK74701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 620 NE 2nd Ave, Durant, OK, 74701 in Durant earns a 10.64% gross yield at $115,000. Rent of $1,090/mo nets $286/mo after the $517/mo mortgage. The 2.11 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $31,772 and $1,059/yr in equity accumulation project a total cumulative return of $66,635.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $286 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,090 |
| Total Monthly Debt Service | $689 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1945
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
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
Single Family
Built in 1945
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bart Granger • Sparlin Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517707
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.