245 S Adair 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
Rental property for sale in Vinita at 245 S Adair St, Vinita, OK, 74301 generates $1,540/mo in rent, after a $1,542/mo payment. Total monthly income is $1,540/mo. Return on cash invested sits at 14.49% in year one, and rental yield is 5.87% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 74.06% and total cumulative return in cash sums $77,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,540/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
0.62 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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Listed by: Tracy Carroll • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2516064
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.