229 S Smith StVinitaOK74301
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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 Vinita at 229 S Smith St, Vinita, OK, 74301 earns $617/mo cash flow from $2,053/mo rent with a $1,101/mo payment. Total monthly income totals $2,053/mo, and annual cash flow totals $7,398/yr on $74,554 capital. ROI tracks 29.83% on current figures, and rental yield reads 10.95% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 156.34% and total cumulative return in cash sums $116,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,053/mo property income instead of your personal income.
Single Family
Built in 1895
0.28 Acres lot
$N/A/sqft
No 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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