1704 Cherokee PlBartlesvilleOK74003
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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 Bartlesville at 1704 Cherokee Pl, Bartlesville, OK, 74003 offers a 8.11% rental yield on a $309,000 purchase with $2,088/mo rent. Total monthly income registers $2,088/mo, and a $1,512/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,381/yr on $102,434 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 110.37% and total cumulative return in cash at $113,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,088/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74003, Bartlesville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 3,286 (47.8%) |
| Renter Occupied HU | 2,399 (34.9%) |
| Vacant Housing Units | 1,186 (17.3%) |
| Median Home Value | $111,728 |
| Average Home Value | $178,462 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,749
Multi-Family
220
Businesses
556
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Listed by: Garett Noland • Hometown Real Estate
Mls Name: MLS Technology, Inc.
Mls ID: #2543103