700 4th StRamonaOK74061
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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 Ramona at 700 4th St, Ramona, OK, 74061 offers a 10.37% rental yield on a $145,000 purchase with $1,253/mo rent. Total monthly income registers $1,253/mo, and a $710/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,921/yr on $48,068 to close, and return on cash invested stands at 28.07% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 146.86% and total cumulative return in cash at $70,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,253/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74061, Ramona, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 610 (72.9%) |
| Renter Occupied HU | 123 (14.7%) |
| Vacant Housing Units | 104 (12.4%) |
| Median Home Value | $267,347 |
| Average Home Value | $346,389 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
63
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Listed by: Lindsey Coe • BHGRE GREEN COUNTRY
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2539641
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.