1320 Kay AveCherokeeOK73728
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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 Cherokee at 1320 Kay Ave, Cherokee, OK, 73728 offers a 12.19% rental yield on a $188,000 purchase with $1,909/mo rent. Total monthly income registers $1,909/mo, and a $920/mo payment leaves $709/mo available for distribution. Annual cash flow reaches $8,503/yr on $62,322 to close, and return on cash invested stands at 33.55% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 176.31% and total cumulative return in cash at $109,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73728, Cherokee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 533 (53.6%) |
| Renter Occupied HU | 213 (21.4%) |
| Vacant Housing Units | 248 (24.9%) |
| Median Home Value | $125,798 |
| Average Home Value | $155,314 |
Housing Distribution
Address Breakdown
Residential
787
Single Family
787
Multi-Family
0
Businesses
110
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