9516 Grant Rd NWOkarcheOK73762
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
Investment property for sale in Okarche at 9516 Grant Rd NW, Okarche, OK, 73762 offers a 6.01% rental yield on a $450,000 purchase with $2,254/mo rent. 92% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 76.35% and total cumulative return in cash at $113,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,254/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73762, Okarche, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 653 (71.4%) |
| Renter Occupied HU | 145 (15.8%) |
| Vacant Housing Units | 117 (12.8%) |
| Median Home Value | $261,667 |
| Average Home Value | $302,381 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
76
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Nearby investment properties with comparable prices
Listed by: Kathy Douglas • L H Preferred Properties
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1148162
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