12121 E 56th StRipleyOK74062
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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 Ripley at 12121 E 56th St, Ripley, OK, 74062 earns from $2,064/mo rent with a $3,421/mo payment. Total monthly income totals $2,064/mo. ROI tracks 7.54% on current figures, and rental yield reads 3.54% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 36.74% and total cumulative return in cash sums $84,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,064/mo property income instead of your personal income.
Single Family
Built in 1992
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74062, Ripley, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 334 (68.4%) |
| Renter Occupied HU | 81 (16.6%) |
| Vacant Housing Units | 73 (15.0%) |
| Median Home Value | $303,409 |
| Average Home Value | $318,690 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
23
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Listed by: Kelly Hackler • KELLY HACKLER, REALTORS
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #132036
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.