1909 W Main StCollinsvilleOK74021
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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
Rental property for sale in Collinsville at 1909 W Main St, Collinsville, OK, 74021 offers $1,294/mo rent that, after a $1,003/mo payment. Total monthly income is $1,294/mo. Return on cash invested measures 19.65% in year one, and rental yield stands at 7.57% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 101.75% and total cumulative return in cash reaches $69,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,294/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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Listed by: Karen Wells • Keller Williams Premier
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2515244
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.