1196 Hickory LnVinitaOK74301
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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 Vinita at 1196 Hickory Ln, Vinita, OK, 74301 uses $263,134 cash to close to unlock $4,368/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $5,472/mo, and a $3,915/mo payment keeps the spread at $364/mo. Purchase price stands at $799,800, and rental yield measures 8.21% with $5,472/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $220,970 over five years. Five-year ROI reaches 112.78% and total cumulative return in cash records $296,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,472/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Multi Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74301, Vinita, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,869 (100%) |
| Owner Occupied HU | 3,187 (54.3%) |
| Renter Occupied HU | 1,504 (25.6%) |
| Vacant Housing Units | 1,178 (20.1%) |
| Median Home Value | $168,941 |
| Average Home Value | $231,353 |
Housing Distribution
Address Breakdown
Residential
4,719
Single Family
4,635
Multi-Family
84
Businesses
560
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Listed by: Tiffany McKibben • McKibben & Co. Realty
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-420
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.