821 N 1st StOkeeneOK73763
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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 Okeene at 821 N 1st St, Okeene, OK, 73763 offers a 10.98% rental yield on a $175,000 purchase with $1,601/mo rent. Total monthly income registers $1,601/mo, and a $857/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,796/yr on $58,013 to close, and return on cash invested stands at 29.9% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 156.66% and total cumulative return in cash at $90,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,601/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73763, Okeene, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 434 (60.2%) |
| Renter Occupied HU | 164 (22.7%) |
| Vacant Housing Units | 123 (17.1%) |
| Median Home Value | $165,476 |
| Average Home Value | $220,248 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
464
Multi-Family
8
Businesses
86
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