10602 N 120th East CtCollinsvilleOK74021
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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 Collinsville at 10602 N 120th East Ct, Collinsville, OK, 74021 generates $1,980/mo in rent, after a $1,638/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 18.21% in year one, and rental yield is 7.1% on a $334,622 entry. Equity gained on principal adds $2,159/yr, while 5% annual appreciation builds toward $92,450 over five years. Five-year ROI reaches 93.97% and total cumulative return in cash sums $104,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.31 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: Sally Moseby • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls ID: #2536706