15195 E 131st St NCollinsvilleOK74021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Collinsville at 15195 E 131st St N, Collinsville, OK, 74021 offers a 7.96% rental yield on a $299,000 purchase with $1,984/mo rent. Total monthly income registers $1,984/mo, and a $1,463/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $900/yr on $99,119 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 107.95% and total cumulative return in cash at $107,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,984/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Bippus • Dream Maker Realty, LLC
Mls Name: MLS Technology, Inc.
Mls ID: #2600491