184 N Saint Louis StWelchOK74369
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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 Welch at 184 N Saint Louis St, Welch, OK, 74369 offers a 9.27% rental yield on a $124,900 purchase with $965/mo rent. Total monthly income registers $965/mo, and a $611/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,012/yr on $41,404 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 129.2% and total cumulative return in cash at $53,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $965/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74369, Welch, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 538 (64.8%) |
| Renter Occupied HU | 174 (21.0%) |
| Vacant Housing Units | 118 (14.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $253,704 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
580
Multi-Family
24
Businesses
53
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