1724 E 8th StOkmulgeeOK74447
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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
Rental property for sale in Okmulgee at 1724 E 8th St, Okmulgee, OK, 74447 generates $1,200/mo in rent, after a $2,198/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 6.46% in year one, and rental yield is 3.21% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 31.01% and total cumulative return in cash sums $46,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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