709 N Cherokee AveDeweyOK74029
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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 Dewey at 709 N Cherokee Ave, Dewey, OK, 74029 earns $160/mo cash flow from $798/mo rent with a $489/mo payment. Total monthly income totals $798/mo, and annual cash flow totals $1,918/yr on $33,150 capital. ROI tracks 25.69% on current figures, and rental yield reads 9.58% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 134.17% and total cumulative return in cash sums $44,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $798/mo property income instead of your personal income.
Single Family
Built in 1948
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74029, Dewey, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,469 (64.7%) |
| Renter Occupied HU | 563 (24.8%) |
| Vacant Housing Units | 237 (10.4%) |
| Median Home Value | $184,263 |
| Average Home Value | $199,770 |
Housing Distribution
Address Breakdown
Residential
2,128
Single Family
2,128
Multi-Family
0
Businesses
199
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Listed by: Steve Russell • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2510975
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.