7601 E Brake RdNewkirkOK74647
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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 Newkirk at 7601 E Brake Rd, Newkirk, OK, 74647 offers a 4.38% rental yield on a $600,000 purchase with $2,192/mo rent. 09% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 50.41% and total cumulative return in cash at $99,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,192/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
88.58 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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