W 3200th RdRamonaOK74061
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 Ramona at W 3200th Rd, Ramona, OK, 74061 offers $1,141/mo rent that, after a $857/mo payment, leaves $23/mo cash flow. Total monthly income is $1,141/mo, and annual cash flow is $276/yr on $58,013 cash. Return on cash invested measures 20.38% in year one, and rental yield stands at 7.82% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 105.63% and total cumulative return in cash reaches $61,279. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,141/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74061, Ramona, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 610 (72.9%) |
| Renter Occupied HU | 123 (14.7%) |
| Vacant Housing Units | 104 (12.4%) |
| Median Home Value | $267,347 |
| Average Home Value | $346,389 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
63
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Listed by: Matt Inouye • Renaissance Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2428758
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.