16304 Cherokee TrlPiedmontOK73078
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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 Piedmont at 16304 Cherokee Trl, Piedmont, OK, 73078 uses $95,469 cash to close to unlock $2,405/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,410/mo payment keeps the spread at $200/mo. Purchase price stands at $287,990, and rental yield measures 8.5% with $2,040/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $79,566 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash records $111,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,410/mo payment rather than investor’s personal income.
Single Family
Built in 2026
8,128 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73078, Piedmont, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 4,064 (86.7%) |
| Renter Occupied HU | 429 ( 9.1%) |
| Vacant Housing Units | 197 ( 4.2%) |
| Median Home Value | $329,089 |
| Average Home Value | $356,436 |
Housing Distribution
Address Breakdown
Residential
4,913
Single Family
4,913
Multi-Family
0
Businesses
291
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