704 N Prouty AveWatongaOK73772
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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 Watonga at 704 N Prouty Ave, Watonga, OK, 73772 priced at $149,000 converts $1,565/mo rent into $614/mo cash flow after a $729/mo obligation. Total monthly income equals $1,565/mo, and annual cash flow totals $7,365/yr on $49,394 invested. Return on cash invested prints 34.82% in year one, and rental yield reads 12.6% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 183.07% and total cumulative return in cash sums $90,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,565/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1966
10,876 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73772, Watonga, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,935 (100%) |
| Owner Occupied HU | 1,062 (54.9%) |
| Renter Occupied HU | 503 (26.0%) |
| Vacant Housing Units | 370 (19.1%) |
| Median Home Value | $200,000 |
| Average Home Value | $206,556 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,566
Multi-Family
0
Businesses
210
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