2300 Barnes StPocolaOK74902
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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 Pocola at 2300 Barnes St, Pocola, OK, 74902 uses $49,708 cash to close to unlock $11,260/yr annual cash flow and $938/mo monthly cash flow. Total monthly income runs $1,896/mo, and a $734/mo payment keeps the spread at $938/mo. Purchase price stands at $149,950, and rental yield measures 15.17% with $1,896/mo rent. Return on cash invested shows 42.56% in year one, and 5% annual appreciation builds toward $41,428 over five years. Five-year ROI reaches 224.63% and total cumulative return in cash records $111,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,896/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74902, Pocola, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,235 (65.7%) |
| Renter Occupied HU | 499 (26.5%) |
| Vacant Housing Units | 147 ( 7.8%) |
| Median Home Value | $141,118 |
| Average Home Value | $156,595 |
Housing Distribution
Address Breakdown
Residential
1,773
Single Family
1,726
Multi-Family
47
Businesses
155
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