15565 S 38th East AveBixbyOK74008
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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 Bixby at 15565 S 38th East Ave, Bixby, OK, 74008 offers a 9.85% rental yield on a $365,500 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,789/mo payment leaves $622/mo available for distribution. Annual cash flow reaches $7,464/yr on $121,163 to close, and return on cash invested stands at 26.07% in year one. Equity gained on principal adds $2,359/yr while 5% annual appreciation supports $100,981 over five years. Portfolio math shows five-year ROI at 136.34% and total cumulative return in cash at $165,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
$525 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74008, Bixby, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,115 (100%) |
| Owner Occupied HU | 9,321 (71.1%) |
| Renter Occupied HU | 3,067 (23.4%) |
| Vacant Housing Units | 727 ( 5.5%) |
| Median Home Value | $338,649 |
| Average Home Value | $378,812 |
Housing Distribution
Address Breakdown
Residential
13,735
Single Family
12,994
Multi-Family
741
Businesses
916
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Listed by: Nicole Younger • D.R. Horton Realty of Oklahoma
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2518838
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.