10318 E 116th Pl NCollinsvilleOK74021
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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 Collinsville at 10318 E 116th Pl N, Collinsville, OK, 74021 uses $39,780 cash to close to unlock $12,109/yr annual cash flow and $1,009/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $587/mo payment keeps the spread at $1,009/mo. Purchase price stands at $120,000, and rental yield measures 17.9% with $1,790/mo rent. Return on cash invested shows 50.35% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 266.62% and total cumulative return in cash records $106,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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Listed by: Tracy Carr • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2541202
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.