1406 E 3rd AveStillwaterOK74074
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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
Rental property for sale in Stillwater at 1406 E 3rd Ave, Stillwater, OK, 74074 generates $1,464/mo in rent and, after a $758/mo payment, leaves $475/mo in cash flow. Total monthly income is $1,464/mo, and annual cash flow is $5,699/yr on $51,349 invested. Return on cash invested sits at 31.01% in year one, and rental yield is 11.34% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 162.6% and total cumulative return in cash sums $83,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,464/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74074, Stillwater, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,367 (100%) |
| Owner Occupied HU | 6,229 (40.5%) |
| Renter Occupied HU | 6,512 (42.4%) |
| Vacant Housing Units | 2,626 (17.1%) |
| Median Home Value | $328,957 |
| Average Home Value | $362,411 |
Housing Distribution
Address Breakdown
Residential
14,937
Single Family
14,346
Multi-Family
591
Businesses
1,130
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Listed by: Alane Legrand • CENTURY 21 GLOBAL, REALTORS
Mls Name: Stillwater MLS
Mls ID: #133310