1298 S Mississippi StNowataOK74048
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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 Nowata at 1298 S Mississippi St, Nowata, OK, 74048 earns from $1,654/mo rent with a $6,363/mo payment. Total monthly income totals $1,654/mo. ROI tracks 1.43% on current figures, and rental yield reads 1.53% at a $1,300,000 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 3.91% and total cumulative return in cash sums $16,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,654/mo property income instead of your personal income.
Home Type Unknown
Built in 2006
176 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74048, Nowata, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,514 (59.7%) |
| Renter Occupied HU | 672 (26.5%) |
| Vacant Housing Units | 351 (13.8%) |
| Median Home Value | $154,321 |
| Average Home Value | $211,367 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,459
Multi-Family
101
Businesses
266
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