229 E Bald Mountain RdMcAlesterOK74501
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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 McAlester at 229 E Bald Mountain Rd, McAlester, OK, 74501 priced at $343,000 converts $1,852/mo rent into after a $1,679/mo obligation. Total monthly income equals $1,852/mo. Return on cash invested prints 16.34% in year one, and rental yield reads 6.48% against a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,765 by year five. Five-year ROI reaches 83.95% and total cumulative return in cash sums $95,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,852/mo property income covering a $1,679/mo payment, not borrower’s personal income.
Single Family
Built in 1984
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74501, Mcalester, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 7,902 (57.8%) |
| Renter Occupied HU | 3,698 (27.1%) |
| Vacant Housing Units | 2,060 (15.1%) |
| Median Home Value | $174,645 |
| Average Home Value | $218,130 |
Housing Distribution
Address Breakdown
Residential
11,670
Single Family
11,093
Multi-Family
577
Businesses
1,061
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