107409 S 4230th RdChecotahOK74426
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 Checotah at 107409 S 4230th Rd, Checotah, OK, 74426 generates $1,926/mo in rent, after a $2,203/mo payment. Total monthly income is $1,926/mo. Return on cash invested sits at 12.28% in year one, and rental yield is 5.14% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 62.19% and total cumulative return in cash sums $92,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,926/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74426, Checotah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,024 (100%) |
| Owner Occupied HU | 3,169 (52.6%) |
| Renter Occupied HU | 927 (15.4%) |
| Vacant Housing Units | 1,928 (32.0%) |
| Median Home Value | $160,237 |
| Average Home Value | $192,132 |
Housing Distribution
Address Breakdown
Residential
4,082
Single Family
3,961
Multi-Family
121
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices