248 N Miller 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 248 N Miller St, Vinita, OK, 74301 offers $1,832/mo rent that, after a $1,101/mo payment, leaves $395/mo cash flow. Total monthly income is $1,832/mo, and annual cash flow is $4,744/yr on $74,588 cash. Return on cash invested measures 26.27% in year one, and rental yield stands at 9.77% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 137.23% and total cumulative return in cash reaches $102,357. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,832/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.27 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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