1111 Mahar DrPerkinsOK74059
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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 Perkins at 1111 Mahar Dr, Perkins, OK, 74059 uses $114,368 cash to close to unlock $2,044/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $2,374/mo, and a $1,689/mo payment keeps the spread at $170/mo. Purchase price stands at $345,000, and rental yield measures 8.26% with $2,374/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 112.7% and total cumulative return in cash records $128,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,374/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.46 Acres 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: Jeana Coyle • FRONTIER REALTY
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #130273
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.