1901 Mill Creek WayChoctawOK73020
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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
Rental property for sale in Choctaw at 1901 Mill Creek Way, Choctaw, OK, 73020 priced at $275,000 pairs $2,264/mo rent with $493/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,264/mo, and annual cash flow comes to $5,917/yr on $91,163 invested. Return on cash invested is 26.4% in year one, and rental yield stands at 9.88% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 138.02% and total cumulative return in cash reaches $125,819. For financing, Ziffy Mortgage’s DSCR program evaluates $2,264/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
7,440 sqft lot
$N/A/sqft
$176 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
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Listed by: Valerie Patraw • Cultivate Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1166463
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