714 S Hickory StNowataOK74048
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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 Nowata at 714 S Hickory St, Nowata, OK, 74048 generates $921/mo in rent and, after a $587/mo payment, leaves $155/mo in cash flow. Total monthly income is $921/mo, and annual cash flow is $1,860/yr on $39,780 invested. Return on cash invested sits at 24.58% in year one, and rental yield is 9.21% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash sums $50,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $921/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74048, Nowata, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,514 (59.7%) |
| Renter Occupied HU | 672 (26.5%) |
| Vacant Housing Units | 351 (13.8%) |
| Median Home Value | $154,321 |
| Average Home Value | $211,367 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,459
Multi-Family
101
Businesses
266
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