0 Flamingo StChecotahOK74426
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 Checotah at 0 Flamingo St, Checotah, OK, 74426 priced at $179,500 pairs $1,421/mo rent with $274/mo cash flow after a $879/mo payment. Total monthly income equals $1,421/mo, and annual cash flow comes to $3,291/yr on $59,504 invested. Return on cash invested is 25.44% in year one, and rental yield stands at 9.5% on a $179,500 basis. Equity gained on principal adds $1,158/yr, and 5% annual appreciation accumulates to $49,593 by year five. Five-year ROI measures 132.82% and total cumulative return in cash reaches $79,036. For financing, Ziffy Mortgage’s DSCR program evaluates $1,421/mo property income against a $879/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74426, Checotah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,024 (100%) |
| Owner Occupied HU | 3,169 (52.6%) |
| Renter Occupied HU | 927 (15.4%) |
| Vacant Housing Units | 1,928 (32.0%) |
| Median Home Value | $160,237 |
| Average Home Value | $192,132 |
Housing Distribution
Address Breakdown
Residential
4,082
Single Family
3,961
Multi-Family
121
Businesses
370
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