16207 S 87th 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 16207 S 87th East Ave, Bixby, OK, 74008 offers a 8.21% rental yield on a $264,900 purchase with $1,812/mo rent. Total monthly income registers $1,812/mo, and a $1,297/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,438/yr on $87,814 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 111.87% and total cumulative return in cash at $98,240. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,812/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,577 sqft lot
$N/A/sqft
No 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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