18620 E 385th RdChelseaOK74016
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
Total monthly income runs $1,553/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 7.45% with $1,553/mo rent. Return on cash invested shows 19.27% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 99.75% and total cumulative return in cash records $82,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74016, Chelsea, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,729 (100%) |
| Owner Occupied HU | 1,772 (64.9%) |
| Renter Occupied HU | 664 (24.3%) |
| Vacant Housing Units | 293 (10.7%) |
| Median Home Value | $213,781 |
| Average Home Value | $248,220 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,402
Multi-Family
11
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimber Whorton • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2433217
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.