1208 Highway 1Mill CreekOK74856
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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 Mill Creek at 1208 Highway 1, Mill Creek, OK, 74856 generates $0/mo in rent, after a $2,594/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.24% in year one, and rental yield is 0% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
67.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74856, Mill Creek, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 358 (69.9%) |
| Renter Occupied HU | 92 (18.0%) |
| Vacant Housing Units | 62 (12.1%) |
| Median Home Value | $122,581 |
| Average Home Value | $169,162 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
17
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No similar rental properties found nearby.
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Listed by: Dawn Tesmer • Red River Realty and Auction
Mls Name: My State MLS
Mls ID: #11514579