209 SE 2nd StStillwaterOK74059
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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 Stillwater at 209 SE 2nd St, Stillwater, OK, 74059 offers a 9.47% rental yield on a $195,500 purchase with $1,543/mo rent. Total monthly income registers $1,543/mo, and a $957/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,532/yr on $64,808 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,262/yr while 5% annual appreciation supports $54,013 over five years. Portfolio math shows five-year ROI at 132.39% and total cumulative return in cash at $85,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
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Listed by: Mary Anderson • McGraw REALTORS (BO)
Mls Name: MLSOK/OKCMAR
Mls ID: #1212064