211 E Chestnut 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
Rental property for sale in Coweta at 211 E Chestnut St, Coweta, OK, 74429 priced at $134,900 converts $1,021/mo rent into $160/mo cash flow after a $660/mo obligation. Total monthly income equals $1,021/mo, and annual cash flow totals $1,917/yr on $44,719 invested. Return on cash invested prints 24.2% in year one, and rental yield reads 9.08% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 126.13% and total cumulative return in cash sums $56,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,021/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1938
7,013 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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Listed by: Brittany Bryan • Keller Williams Preferred
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2514662
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.