11026 E Draper AveChoctawOK73020
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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 Choctaw at 11026 E Draper Ave, Choctaw, OK, 73020 offers a 12.24% rental yield on a $196,100 purchase with $2,000/mo rent. Total monthly income registers $2,000/mo, and a $960/mo payment leaves $747/mo available for distribution. Annual cash flow reaches $8,970/yr on $65,007 to close, and return on cash invested stands at 33.71% in year one. Equity gained on principal adds $1,265/yr while 5% annual appreciation supports $54,179 over five years. Portfolio math shows five-year ROI at 177.11% and total cumulative return in cash at $115,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,000/mo property income against a $960/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
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