701 N Ross StSalinaOK74365
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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 Salina at 701 N Ross St, Salina, OK, 74365 with 5% annual appreciation on a $153,300 basis while $1,456/mo rent supports operations. Total monthly income totals $1,456/mo and a $750/mo payment preserves $447/mo for cash returns. Annual cash flow comes to $5,361/yr on $50,819 deployed, and return on cash invested reaches 30.46% in year one. Equity gained on principal adds $989/yr, and five-year appreciation sums $42,354 alongside rental yield of 11.4%. Five-year ROI measures 159.95% and total cumulative return in cash totals $81,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,456/mo property income versus a $750/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
8,407 sqft 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
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Listed by: Allie Rupprecht • Solid Rock REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2532241
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.