6611 E 490th RdSalinaOK74365
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 Salina at 6611 E 490th Rd, Salina, OK, 74365 generates $690/mo in rent, after a $1,273/mo payment. Total monthly income is $690/mo. Return on cash invested sits at 6.39% in year one, and rental yield is 3.18% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 30.66% and total cumulative return in cash sums $26,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $690/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74365, Salina, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,959 (100%) |
| Owner Occupied HU | 1,138 (58.1%) |
| Renter Occupied HU | 385 (19.7%) |
| Vacant Housing Units | 436 (22.3%) |
| Median Home Value | $177,976 |
| Average Home Value | $221,907 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,276
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices