2119 Grounds AveSeminoleOK74868
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seminole at 2119 Grounds Ave, Seminole, OK, 74868 priced at $215,000 converts $1,711/mo rent into $338/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,711/mo, and annual cash flow totals $4,059/yr on $71,273 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.55% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 133.69% and total cumulative return in cash sums $95,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,711/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74868, Seminole, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,370 (100%) |
| Owner Occupied HU | 2,945 (54.8%) |
| Renter Occupied HU | 1,627 (30.3%) |
| Vacant Housing Units | 798 (14.9%) |
| Median Home Value | $118,238 |
| Average Home Value | $173,442 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,759
Multi-Family
135
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexis Turrobiartes • HST & CO
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512955
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.