16258 Old Morris HwyOkmulgeeOK74447
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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 Okmulgee at 16258 Old Morris Hwy, Okmulgee, OK, 74447 uses $49,559 cash to close to unlock $2,940/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $732/mo payment keeps the spread at $245/mo. Purchase price stands at $149,500, and rental yield measures 9.63% with $1,200/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash records $66,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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