11606 N 109th East PlCollinsvilleOK74021
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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 Collinsville at 11606 N 109th East Pl, Collinsville, OK, 74021 offers a 8.02% rental yield on a $265,000 purchase with $1,770/mo rent. Total monthly income registers $1,770/mo, and a $1,297/mo payment leaves $78/mo available for distribution. Annual cash flow reaches $933/yr on $87,848 to close, and return on cash invested stands at 20.97% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 108.79% and total cumulative return in cash at $95,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,770/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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Listed by: Kelli Blevins • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls ID: #2549598