1016 W Washington CirTecumsehOK74873
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 Tecumseh at 1016 W Washington Cir, Tecumseh, OK, 74873 priced at $344,900 converts $1,440/mo rent into after a $1,688/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 11.91% in year one, and rental yield reads 5.01% against a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,290 by year five. Five-year ROI reaches 60.2% and total cumulative return in cash sums $68,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,688/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74873, Tecumseh, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,812 (100%) |
| Owner Occupied HU | 3,009 (62.5%) |
| Renter Occupied HU | 1,286 (26.7%) |
| Vacant Housing Units | 517 (10.7%) |
| Median Home Value | $180,208 |
| Average Home Value | $225,997 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,809
Multi-Family
11
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Sherilyn Camp • Evolve Realty And Associates
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1156261
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