1018 NE 2nd St #PDQDUTPerkinsOK74059
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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 Perkins at 1018 NE 2nd St #PDQDUT, Perkins, OK, 74059 listed at $221,100 pairs $1,909/mo rent with a $1,082/mo payment to leave $497/mo cash flow. Total monthly income runs $1,909/mo, and annual cash flow reaches $5,966/yr on $73,295 cash to close. Return on cash invested measures 28.05% in year one, and rental yield registers 10.36% at a $221,100 basis. Equity gained on principal adds $1,427/yr, and annual property appreciation at 5% supports $61,086 by year five. Five-year ROI tracks 146.82% and total cumulative return in cash totals $107,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,909/mo property income relative to a $1,082/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
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