1205 Skyline DrMiamiOK74354
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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 Miami at 1205 Skyline Dr, Miami, OK, 74354 uses $46,079 cash to close to unlock $2,960/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $680/mo payment keeps the spread at $247/mo. Purchase price stands at $139,000, and rental yield measures 9.79% with $1,134/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 137.57% and total cumulative return in cash records $63,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74354, Miami, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,672 (100%) |
| Owner Occupied HU | 4,121 (53.7%) |
| Renter Occupied HU | 2,559 (33.4%) |
| Vacant Housing Units | 992 (12.9%) |
| Median Home Value | $129,991 |
| Average Home Value | $167,701 |
Housing Distribution
Address Breakdown
Residential
7,297
Single Family
6,915
Multi-Family
382
Businesses
674
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Listed by: David Davis • NEO Realty Group
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-2067
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.