103 Cross StPerkinsOK74059
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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
Rental property for sale in Perkins at 103 Cross St, Perkins, OK, 74059 priced at $179,900 converts $1,742/mo rent into $575/mo cash flow after a $881/mo obligation. Total monthly income equals $1,742/mo, and annual cash flow totals $6,894/yr on $59,637 invested. Return on cash invested prints 31.47% in year one, and rental yield reads 11.62% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 165.26% and total cumulative return in cash sums $98,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,742/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1979
8,407 sqft 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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Listed by: Dana Cramer • C21/First Choice Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2515724
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.