12005 E 115th St NCollinsvilleOK74021
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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 Collinsville at 12005 E 115th St N, Collinsville, OK, 74021 generates $2,000/mo in rent and, after a $1,114/mo payment, leaves $548/mo in cash flow. Total monthly income is $2,000/mo, and annual cash flow is $6,572/yr on $75,416 invested. Return on cash invested sits at 28.62% in year one, and rental yield is 10.55% on a $227,500 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 149.83% and total cumulative return in cash sums $112,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
7,143 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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