639 S 6th StFairfaxOK74637
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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 Fairfax at 639 S 6th St, Fairfax, OK, 74637 at $100,000 posts ROI 24.17% with $118/mo cash flow from $756/mo rent. Total monthly income equals $756/mo, and annual cash flow records $1,414/yr on $33,150 to close. Return on cash invested measures 24.17% and rental yield reads 9.07% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 125.98% and total cumulative return in cash totals $41,764.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $756/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74637, Fairfax, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 513 (61.7%) |
| Renter Occupied HU | 176 (21.2%) |
| Vacant Housing Units | 143 (17.2%) |
| Median Home Value | $77,571 |
| Average Home Value | $162,276 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
67
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