12506 E 116th St NCollinsvilleOK74021
Nearby investment properties with comparable rents
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 Collinsville at 12506 E 116th St N, Collinsville, OK, 74021 offers a 5.84% rental yield on a $388,100 purchase with $1,889/mo rent. 41% in year one. Equity gained on principal adds $2,504/yr while 5% annual appreciation supports $107,225 over five years. Portfolio math shows five-year ROI at 73.63% and total cumulative return in cash at $94,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,889/mo property income against a $1,900/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
4.77 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A