18820 Ridge RdCatoosaOK74015
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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 Catoosa at 18820 Ridge Rd, Catoosa, OK, 74015 offers a 11.12% rental yield on a $310,000 purchase with $2,872/mo rent. Total monthly income registers $2,872/mo, and a $1,517/mo payment leaves $834/mo available for distribution. Annual cash flow reaches $10,007/yr on $102,765 to close, and return on cash invested stands at 29.65% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 155.57% and total cumulative return in cash at $159,871. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,872/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74015, Catoosa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,578 (65.8%) |
| Renter Occupied HU | 1,028 (26.2%) |
| Vacant Housing Units | 311 ( 7.9%) |
| Median Home Value | $273,848 |
| Average Home Value | $294,813 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,551
Multi-Family
40
Businesses
573
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Listed by: Brandi Fugate • Private Label Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2413926
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.