208 E Main StCalumetOK73014
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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 Calumet at 208 E Main St, Calumet, OK, 73014 priced at $291,000 converts $2,196/mo rent into $338/mo cash flow after a $1,424/mo obligation. Total monthly income equals $2,196/mo, and annual cash flow totals $4,055/yr on $96,467 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 9.06% against a $291,000 entry. Equity gained on principal adds $1,878/yr, while 5% annual appreciation compiles into $80,398 by year five. Five-year ROI reaches 125.63% and total cumulative return in cash sums $121,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $1,424/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73014, Calumet, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 666 (100%) |
| Owner Occupied HU | 487 (73.1%) |
| Renter Occupied HU | 103 (15.5%) |
| Vacant Housing Units | 76 (11.4%) |
| Median Home Value | $294,022 |
| Average Home Value | $322,171 |
Housing Distribution
Address Breakdown
Residential
391
Single Family
391
Multi-Family
0
Businesses
65
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