623 W 4th StGrandfieldOK73546
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 Grandfield at 623 W 4th St, Grandfield, OK, 73546 priced at $145,000 pairs $1,177/mo rent with $251/mo cash flow after a $710/mo payment. Total monthly income equals $1,177/mo, and annual cash flow comes to $3,009/yr on $48,068 invested. Return on cash invested is 26.17% in year one, and rental yield stands at 9.74% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 136.7% and total cumulative return in cash reaches $65,708. For financing, Ziffy Mortgage’s DSCR program evaluates $1,177/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73546, Grandfield, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 327 (56.9%) |
| Renter Occupied HU | 117 (20.3%) |
| Vacant Housing Units | 131 (22.8%) |
| Median Home Value | $87,857 |
| Average Home Value | $126,422 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
42
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Listed by: Amanda Muller • Red Feather Realty LLC
Mls Name: My State MLS
Mls ID: #11597336