22 Summerside LnVinitaOK74301
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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 Vinita at 22 Summerside Ln, Vinita, OK, 74301 priced at $429,000 converts $1,874/mo rent into after a $2,100/mo obligation. Total monthly income equals $1,874/mo. Return on cash invested prints 11.77% in year one, and rental yield reads 5.24% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 59.77% and total cumulative return in cash sums $84,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,874/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2001
4,356 sqft lot
$N/A/sqft
$99 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74301, Vinita, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,869 (100%) |
| Owner Occupied HU | 3,187 (54.3%) |
| Renter Occupied HU | 1,504 (25.6%) |
| Vacant Housing Units | 1,178 (20.1%) |
| Median Home Value | $168,941 |
| Average Home Value | $231,353 |
Housing Distribution
Address Breakdown
Residential
4,719
Single Family
4,635
Multi-Family
84
Businesses
560
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Listed by: Angie Cianfrone • Coldwell Banker Select - Tulsa Yale
Mls Name: Northeast Oklahoma BOR
Mls ID: #26-10
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.