677 S Highway 99JenningsOK74038
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 677 S Highway 99, Jennings, OK, 74038 in Jennings. Priced at $100,000, it generates $1,195/mo in gross rent and $557/mo in net monthly cash flow, a 14.34% yield that comfortably supports the 2.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,679. Five-year appreciation: $27,628. Equity from principal paydown: $921/yr. Total projected cumulative return: $73,793.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.2% |
| Monthly Cash Flow | $557 | $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 | $1,195 |
| Total Monthly Debt Service | $599 |
| DSCR Ratio | 2.00x |
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.
Lot
Built in N/A
21.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74038, Jennings, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 563 (65.5%) |
| Renter Occupied HU | 131 (15.3%) |
| Vacant Housing Units | 165 (19.2%) |
| Median Home Value | $166,331 |
| Average Home Value | $201,155 |
Housing Distribution
Address Breakdown
Residential
681
Single Family
681
Multi-Family
0
Businesses
47
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
Lot
Built in N/A
21.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74038, Jennings, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 563 (65.5%) |
| Renter Occupied HU | 131 (15.3%) |
| Vacant Housing Units | 165 (19.2%) |
| Median Home Value | $166,331 |
| Average Home Value | $201,155 |
Housing Distribution
Address Breakdown
Residential
681
Single Family
681
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices