17974 S 385th East AvePorterOK74454
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 Porter at 17974 S 385th East Ave, Porter, OK, 74454 offers a 7.74% rental yield on a $499,500 purchase with $3,221/mo rent. Total monthly income registers $3,221/mo, and a $2,445/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $371/yr on $165,584 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $3,223/yr while 5% annual appreciation supports $138,003 over five years. Portfolio math shows five-year ROI at 104.29% and total cumulative return in cash at $172,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,221/mo property income against a $2,445/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74454, Porter, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 1,040 (74.7%) |
| Renter Occupied HU | 231 (16.6%) |
| Vacant Housing Units | 121 ( 8.7%) |
| Median Home Value | $243,627 |
| Average Home Value | $269,373 |
Housing Distribution
Address Breakdown
Residential
1,159
Single Family
1,159
Multi-Family
0
Businesses
52
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