904 3rd StAlvaOK73717
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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 Alva at 904 3rd St, Alva, OK, 73717 earns $188/mo cash flow from $999/mo rent with a $622/mo payment. Total monthly income totals $999/mo, and annual cash flow totals $2,251/yr on $42,101 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.44% at a $127,000 purchase. Equity gained on principal adds $820/yr, and 5% annual appreciation supports $35,088 over five years. Five-year ROI reaches 131.82% and total cumulative return in cash sums $55,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $999/mo property income instead of your personal income.
Single Family
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73717, Alva, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,216 (100%) |
| Owner Occupied HU | 1,545 (48.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 696 (21.6%) |
| Median Home Value | $169,417 |
| Average Home Value | $213,518 |
Housing Distribution
Address Breakdown
Residential
2,826
Single Family
2,723
Multi-Family
103
Businesses
421
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