12404 E 128th Pl NCollinsvilleOK74021
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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 Collinsville at 12404 E 128th Pl N, Collinsville, OK, 74021 uses $113,340 cash to close to unlock $2,472/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $2,389/mo, and a $1,673/mo payment keeps the spread at $206/mo. Purchase price stands at $341,900, and rental yield measures 8.38% with $2,389/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $94,461 over five years. Five-year ROI reaches 114.78% and total cumulative return in cash records $130,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,389/mo property income covering a $1,673/mo payment rather than investor’s personal income.
Single Family
Built in 2008
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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