13009 E 124th Ct 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 13009 E 124th Ct N, Collinsville, OK, 74021 uses $102,732 cash to close to unlock $6,177/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,517/mo payment keeps the spread at $515/mo. Purchase price stands at $309,900, and rental yield measures 9.66% with $2,494/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 135.35% and total cumulative return in cash records $139,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.35 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
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Listed by: Jackie Shields • Keller Williams Premier
Mls Name: MLS Technology, Inc.
Mls ID: #2527728