116 E 5th StColemanOK73432
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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 Coleman at 116 E 5th St, Coleman, OK, 73432 generates $895/mo in rent and, after a $582/mo payment, leaves $135/mo in cash flow. Total monthly income is $895/mo, and annual cash flow is $1,626/yr on $39,449 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.03% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 125.25% and total cumulative return in cash sums $49,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $895/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73432, Coleman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 276 (65.4%) |
| Renter Occupied HU | 78 (18.5%) |
| Vacant Housing Units | 68 (16.1%) |
| Median Home Value | $170,536 |
| Average Home Value | $218,949 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
27
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