1224 Colonial AveTuttleOK73089
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Nearby investment properties with comparable prices
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 Tuttle at 1224 Colonial Ave, Tuttle, OK, 73089 uses $98,787 cash to close to unlock $18/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,459/mo payment keeps the spread at $1/mo. Purchase price stands at $298,000, and rental yield measures 7.83% with $1,945/mo rent. Return on cash invested shows 19.93% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 103.39% and total cumulative return in cash records $102,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,998 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73089, Tuttle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,487 (100%) |
| Owner Occupied HU | 4,545 (82.8%) |
| Renter Occupied HU | 702 (12.8%) |
| Vacant Housing Units | 240 ( 4.4%) |
| Median Home Value | $277,124 |
| Average Home Value | $294,872 |
Housing Distribution
Address Breakdown
Residential
5,266
Single Family
5,266
Multi-Family
0
Businesses
262
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Listed by: Tara Levinson • LRE Realty LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1176401
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 02:37:47 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)