1506 E Comanche AveMcAlesterOK74501
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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 McAlester at 1506 E Comanche Ave, McAlester, OK, 74501 with 5% annual appreciation on a $189,900 basis while $1,721/mo rent supports operations. Total monthly income totals $1,721/mo and a $929/mo payment preserves $509/mo for cash returns. Annual cash flow comes to $6,105/yr on $62,952 deployed, and return on cash invested reaches 29.61% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 10.88%. Five-year ROI measures 155.12% and total cumulative return in cash totals $97,649.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,721/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74501, Mcalester, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 7,902 (57.8%) |
| Renter Occupied HU | 3,698 (27.1%) |
| Vacant Housing Units | 2,060 (15.1%) |
| Median Home Value | $174,645 |
| Average Home Value | $218,130 |
Housing Distribution
Address Breakdown
Residential
11,670
Single Family
11,093
Multi-Family
577
Businesses
1,061
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Listed by: Pam Cross • McAlester Real Estate Pam Cros
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517865
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.