112 E 1st StChelseaOK74016
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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 Chelsea at 112 E 1st St, Chelsea, OK, 74016 offers a 9% rental yield on a $119,900 purchase with $899/mo rent. Total monthly income registers $899/mo, and a $587/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,598/yr on $39,747 to close, and return on cash invested stands at 23.93% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 124.78% and total cumulative return in cash at $49,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $899/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74016, Chelsea, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,729 (100%) |
| Owner Occupied HU | 1,772 (64.9%) |
| Renter Occupied HU | 664 (24.3%) |
| Vacant Housing Units | 293 (10.7%) |
| Median Home Value | $213,781 |
| Average Home Value | $248,220 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,402
Multi-Family
11
Businesses
141
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