219 13th Ave NEMiamiOK74354
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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 Miami at 219 13th Ave NE, Miami, OK, 74354 offers a 9.49% rental yield on a $113,000 purchase with $894/mo rent. Total monthly income registers $894/mo, and a $553/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,069/yr on $37,460 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $729/yr while 5% annual appreciation supports $31,220 over five years. Portfolio math shows five-year ROI at 132.8% and total cumulative return in cash at $49,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $894/mo property income against a $553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74354, Miami, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,672 (100%) |
| Owner Occupied HU | 4,121 (53.7%) |
| Renter Occupied HU | 2,559 (33.4%) |
| Vacant Housing Units | 992 (12.9%) |
| Median Home Value | $129,991 |
| Average Home Value | $167,701 |
Housing Distribution
Address Breakdown
Residential
7,297
Single Family
6,915
Multi-Family
382
Businesses
674
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