17 S Elm StMiamiOK74354
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
Rental property for sale in Miami at 17 S Elm St, Miami, OK, 74354 offers $1,387/mo rent that, after a $881/mo payment, leaves $238/mo cash flow. Total monthly income is $1,387/mo, and annual cash flow is $2,850/yr on $59,670 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 9.25% at a $179,999 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,730 by year five. Five-year ROI records 128.78% and total cumulative return in cash reaches $76,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,387/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74354, Miami, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,672 (100%) |
| Owner Occupied HU | 4,121 (53.7%) |
| Renter Occupied HU | 2,559 (33.4%) |
| Vacant Housing Units | 992 (12.9%) |
| Median Home Value | $129,991 |
| Average Home Value | $167,701 |
Housing Distribution
Address Breakdown
Residential
7,297
Single Family
6,915
Multi-Family
382
Businesses
674
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