703 E Grand AveTonkawaOK74653
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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 Tonkawa at 703 E Grand Ave, Tonkawa, OK, 74653 with 5% annual appreciation on a $115,000 basis while $630/mo rent supports operations. 62% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 6.57%. Five-year ROI measures 85.52% and total cumulative return in cash totals $32,601. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $630/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1919
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74653, Tonkawa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 854 (54.8%) |
| Renter Occupied HU | 432 (27.7%) |
| Vacant Housing Units | 272 (17.5%) |
| Median Home Value | $109,494 |
| Average Home Value | $207,125 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,420
Multi-Family
8
Businesses
170
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