217 E Washington AveOktahaOK74450
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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 Oktaha at 217 E Washington Ave, Oktaha, OK, 74450 priced at $145,000 converts $1,282/mo rent into $356/mo cash flow after a $710/mo obligation. Total monthly income equals $1,282/mo, and annual cash flow totals $4,269/yr on $48,068 invested. Return on cash invested prints 28.79% in year one, and rental yield reads 10.61% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 150.73% and total cumulative return in cash sums $72,452. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,282/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1980
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74450, Oktaha, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 601 (71.5%) |
| Renter Occupied HU | 142 (16.9%) |
| Vacant Housing Units | 98 (11.7%) |
| Median Home Value | $255,415 |
| Average Home Value | $212,163 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
609
Multi-Family
0
Businesses
21
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