623 W 4th StGrandfieldOK73546
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 623 W 4th St, Grandfield, OK, 73546 in Grandfield: $1,177/mo in rent, $251/mo in net income, 9.74% gross yield, 1.81 DSCR, all at $145,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $40,061 in appreciation and $1,335/yr in principal paydown projects total cumulative return of $71,278.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $251 | $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 | $1,177 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 1.36x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Muller • Red Feather Realty LLC
Mls Name: My State MLS
Mls ID: #11597336