117 Michael AveCaleraOK74730
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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 Calera at 117 Michael Ave, Calera, OK, 74730 with 5% annual appreciation on a $186,500 basis while $2,222/mo rent supports operations. Total monthly income totals $2,222/mo and a $913/mo payment preserves $1,031/mo for cash returns. Annual cash flow comes to $12,370/yr on $61,825 deployed, and return on cash invested reaches 39.92% in year one. Equity gained on principal adds $1,203/yr, and five-year appreciation sums $51,527 alongside rental yield of 14.3%. Five-year ROI measures 210.41% and total cumulative return in cash totals $130,085.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,222/mo property income versus a $913/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74730, Calera, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,327 (56.0%) |
| Renter Occupied HU | 876 (37.0%) |
| Vacant Housing Units | 166 ( 7.0%) |
| Median Home Value | $169,643 |
| Average Home Value | $202,735 |
Housing Distribution
Address Breakdown
Residential
2,518
Single Family
2,518
Multi-Family
0
Businesses
97
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Listed by: Brian Allen • Inc Realty, PLLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2542108
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.