202 E Hickory StCowetaOK74429
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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 Coweta at 202 E Hickory St, Coweta, OK, 74429 offers a 8.11% rental yield on a $209,900 purchase with $1,419/mo rent. Total monthly income registers $1,419/mo, and a $1,027/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $947/yr on $69,582 to close, and return on cash invested stands at 21.27% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 110.39% and total cumulative return in cash at $76,808. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,419/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74429, Coweta, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,264 (100%) |
| Owner Occupied HU | 5,386 (74.1%) |
| Renter Occupied HU | 1,502 (20.7%) |
| Vacant Housing Units | 376 ( 5.2%) |
| Median Home Value | $285,909 |
| Average Home Value | $313,468 |
Housing Distribution
Address Breakdown
Residential
6,674
Single Family
6,482
Multi-Family
192
Businesses
365
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