707 S Sunset DrAlvaOK73717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alva at 707 S Sunset Dr, Alva, OK, 73717 offers $1,345/mo rent that, after a $778/mo payment, leaves $330/mo cash flow. Total monthly income is $1,345/mo, and annual cash flow is $3,958/yr on $52,709 cash. Return on cash invested measures 27.42% in year one, and rental yield stands at 10.15% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 143.36% and total cumulative return in cash reaches $75,564. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,345/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73717, Alva, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,216 (100%) |
| Owner Occupied HU | 1,545 (48.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 696 (21.6%) |
| Median Home Value | $169,417 |
| Average Home Value | $213,518 |
Housing Distribution
Address Breakdown
Residential
2,826
Single Family
2,723
Multi-Family
103
Businesses
421
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