701 S Tinker AveHominyOK74035
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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
Rental property for sale in Hominy at 701 S Tinker Ave, Hominy, OK, 74035 priced at $108,000 converts $852/mo rent into $162/mo cash flow after a $529/mo obligation. Total monthly income equals $852/mo, and annual cash flow totals $1,943/yr on $35,802 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.47% against a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation compiles into $29,838 by year five. Five-year ROI reaches 132.25% and total cumulative return in cash sums $47,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $852/mo property income covering a $529/mo payment, not borrower’s personal income.
Single Family
Built in 1930
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74035, Hominy, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 794 (56.2%) |
| Renter Occupied HU | 375 (26.6%) |
| Vacant Housing Units | 243 (17.2%) |
| Median Home Value | $79,483 |
| Average Home Value | $136,448 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
136
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Listed by: Brian Thomas • Okla Real Estate Professionals
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512128
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.