685 506th 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
Investment property for sale in Salina at 685 506th Rd, Salina, OK, 74365 earns from $690/mo rent with a $1,322/mo payment. Total monthly income totals $690/mo. ROI tracks 6.04% on current figures, and rental yield reads 3.07% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 28.75% and total cumulative return in cash sums $25,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $690/mo property income instead of your personal income.
Single Family
Built in 2004
3.33 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