23642 County Road 620CherokeeOK73728
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 23642 County Road 620, Cherokee, OK, 73728 in Cherokee at $850,000, 4.57% gross yield, is a market-growth asset. Rental yield 4.57%. The $3,234/mo rent partially funds the $3,822/mo debt service; the core return is the 5%/yr price growth projected to add $234,839 over five years. Ziffy Mortgage's DSCR mortgage (0.85) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $181,882.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(2,194) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,234 |
| Total Monthly Debt Service | $5,090 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
6.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73728, Cherokee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 533 (53.6%) |
| Renter Occupied HU | 213 (21.4%) |
| Vacant Housing Units | 248 (24.9%) |
| Median Home Value | $125,798 |
| Average Home Value | $155,314 |
Housing Distribution
Address Breakdown
Residential
787
Single Family
787
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
6.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73728, Cherokee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 533 (53.6%) |
| Renter Occupied HU | 213 (21.4%) |
| Vacant Housing Units | 248 (24.9%) |
| Median Home Value | $125,798 |
| Average Home Value | $155,314 |
Housing Distribution
Address Breakdown
Residential
787
Single Family
787
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents