16404 S 85th 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 16404 S 85th East Ave, Bixby, OK, 74008 offers a 13.61% rental yield on a $264,600 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,295/mo payment leaves $1,310/mo available for distribution. Annual cash flow reaches $15,724/yr on $87,715 to close, and return on cash invested stands at 37.83% in year one. Equity gained on principal adds $1,707/yr while 5% annual appreciation supports $73,104 over five years. Portfolio math shows five-year ROI at 199.27% and total cumulative return in cash at $174,790. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,295/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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