124 N 12th StOkemahOK74859
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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 Okemah at 124 N 12th St, Okemah, OK, 74859 uses $46,410 cash to close to unlock $4,838/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $1,297/mo, and a $685/mo payment keeps the spread at $403/mo. Purchase price stands at $140,000, and rental yield measures 11.12% with $1,297/mo rent. Return on cash invested shows 30.33% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 159.07% and total cumulative return in cash records $73,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74859, Okemah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,854 (100%) |
| Owner Occupied HU | 1,612 (56.5%) |
| Renter Occupied HU | 714 (25.0%) |
| Vacant Housing Units | 528 (18.5%) |
| Median Home Value | $134,127 |
| Average Home Value | $190,613 |
Housing Distribution
Address Breakdown
Residential
2,448
Single Family
2,400
Multi-Family
48
Businesses
300
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