622 W Oak StDrumrightOK74030
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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
Investment property for sale in Drumright at 622 W Oak St, Drumright, OK, 74030 listed at $147,900 pairs $1,772/mo rent with a $724/mo payment to leave $801/mo cash flow. Total monthly income runs $1,772/mo, and annual cash flow reaches $9,606/yr on $49,029 cash to close. Return on cash invested measures 39.5% in year one, and rental yield registers 14.38% at a $147,900 basis. Equity gained on principal adds $954/yr, and annual property appreciation at 5% supports $40,862 by year five. Five-year ROI tracks 208.45% and total cumulative return in cash totals $102,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,772/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
10,541 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74030, Drumright, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,011 (54.4%) |
| Renter Occupied HU | 524 (28.2%) |
| Vacant Housing Units | 323 (17.4%) |
| Median Home Value | $134,896 |
| Average Home Value | $198,741 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,308
Multi-Family
73
Businesses
199
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Listed by: Dana Cramer • C21/First Choice Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2430126
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.