16603 Railhead DrChoctawOK73020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Choctaw at 16603 Railhead Dr, Choctaw, OK, 73020 uses $125,473 cash to close to unlock $8,549/yr annual cash flow and $712/mo monthly cash flow. Total monthly income runs $3,130/mo, and a $1,853/mo payment keeps the spread at $712/mo. Purchase price stands at $378,500, and rental yield measures 9.92% with $3,130/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $104,573 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash records $175,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,130/mo property income covering a $1,853/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices