1604 W Elm StSkiatookOK74070
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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 Skiatook at 1604 W Elm St, Skiatook, OK, 74070 earns $459/mo cash flow from $1,733/mo rent with a $969/mo payment. Total monthly income totals $1,733/mo, and annual cash flow totals $5,504/yr on $65,637 capital. ROI tracks 28.29% on current figures, and rental yield reads 10.5% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 148.15% and total cumulative return in cash sums $97,240. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,733/mo property income instead of your personal income.
Single Family
Built in 2007
10,062 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74070, Skiatook, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,488 (70.7%) |
| Renter Occupied HU | 1,392 (21.9%) |
| Vacant Housing Units | 469 ( 7.4%) |
| Median Home Value | $244,956 |
| Average Home Value | $273,890 |
Housing Distribution
Address Breakdown
Residential
6,098
Single Family
5,943
Multi-Family
155
Businesses
480
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Listed by: Melissa Espino • HomeSmart Stellar Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2536857
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.