2216 E Cover LnStillwaterOK74074
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
Investment property for sale in Stillwater at 2216 E Cover Ln, Stillwater, OK, 74074 uses $127,628 cash to close to unlock $11,853/yr annual cash flow and $988/mo monthly cash flow. Total monthly income runs $3,446/mo, and a $1,884/mo payment keeps the spread at $988/mo. Purchase price stands at $385,000, and rental yield measures 10.74% with $3,446/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 152.9% and total cumulative return in cash records $195,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,446/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2026
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74074, Stillwater, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,367 (100%) |
| Owner Occupied HU | 6,229 (40.5%) |
| Renter Occupied HU | 6,512 (42.4%) |
| Vacant Housing Units | 2,626 (17.1%) |
| Median Home Value | $328,957 |
| Average Home Value | $362,411 |
Housing Distribution
Address Breakdown
Residential
14,937
Single Family
14,346
Multi-Family
591
Businesses
1,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristie Wirth • 405 Home Store, LLC
Mls Name: Stillwater MLS
Mls ID: #133121