1324 E Hickory StOkmulgeeOK74447
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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 Okmulgee at 1324 E Hickory St, Okmulgee, OK, 74447 listed at $125,000 pairs $949/mo rent with a $612/mo payment to leave $151/mo cash flow. Total monthly income runs $949/mo, and annual cash flow reaches $1,806/yr on $41,438 cash to close. Return on cash invested measures 24.27% in year one, and rental yield registers 9.11% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 126.53% and total cumulative return in cash totals $52,433. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $949/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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Listed by: Ruth C Smith • JD Smith & Associates Inc.
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517990
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.