2309 Fredonia StMuskogeeOK74403
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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 Muskogee at 2309 Fredonia St, Muskogee, OK, 74403 listed at $179,000 pairs $1,440/mo rent with a $876/mo payment to leave $297/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $3,564/yr on $59,339 cash to close. Return on cash invested measures 25.92% in year one, and rental yield registers 9.65% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 135.3% and total cumulative return in cash totals $80,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74403, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,388 (100%) |
| Owner Occupied HU | 7,138 (53.3%) |
| Renter Occupied HU | 4,499 (33.6%) |
| Vacant Housing Units | 1,751 (13.1%) |
| Median Home Value | $166,442 |
| Average Home Value | $199,164 |
Housing Distribution
Address Breakdown
Residential
12,716
Single Family
11,451
Multi-Family
1,265
Businesses
814
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Listed by: Betty J. Blackwell • RE/MAX & ASSOCIATES
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517518
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.