140 Oakridge DrChoctawOK73020
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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 Choctaw at 140 Oakridge Dr, Choctaw, OK, 73020 with 5% annual appreciation on a $399,500 basis while $2,984/mo rent supports operations. Total monthly income totals $2,984/mo and a $1,955/mo payment preserves $433/mo for cash returns. Annual cash flow comes to $5,197/yr on $132,434 deployed, and return on cash invested reaches 23.83% in year one. Equity gained on principal adds $2,578/yr, and five-year appreciation sums $110,374 alongside rental yield of 8.96%. Five-year ROI measures 124.17% and total cumulative return in cash totals $164,439.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,984/mo property income versus a $1,955/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
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