721 S Peach AveNewkirkOK74647
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 Newkirk at 721 S Peach Ave, Newkirk, OK, 74647 priced at $185,000 pairs $1,434/mo rent with $253/mo cash flow after a $905/mo payment. Total monthly income equals $1,434/mo, and annual cash flow comes to $3,036/yr on $61,328 invested. Return on cash invested is 24.86% in year one, and rental yield stands at 9.3% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 129.73% and total cumulative return in cash reaches $79,563. For financing, Ziffy Mortgage’s DSCR program evaluates $1,434/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74647, Newkirk, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,562 (100%) |
| Owner Occupied HU | 961 (61.5%) |
| Renter Occupied HU | 343 (22.0%) |
| Vacant Housing Units | 258 (16.5%) |
| Median Home Value | $141,250 |
| Average Home Value | $198,496 |
Housing Distribution
Address Breakdown
Residential
1,478
Single Family
1,478
Multi-Family
0
Businesses
125
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