2428 N Birch StMcAlesterOK74501
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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 McAlester at 2428 N Birch St, McAlester, OK, 74501 uses $41,438 cash to close to unlock $1,890/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $956/mo, and a $612/mo payment keeps the spread at $158/mo. Purchase price stands at $125,000, and rental yield measures 9.18% with $956/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.61% and total cumulative return in cash records $52,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $956/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.59 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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Listed by: Sally D Roberts • First Realty Inc
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512327
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.