24928 E 338th RdChelseaOK74016
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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 Chelsea at 24928 E 338th Rd, Chelsea, OK, 74016 listed at $274,900 pairs $2,116/mo rent with a $1,346/mo payment to leave $361/mo cash flow. Total monthly income runs $2,116/mo, and annual cash flow reaches $4,331/yr on $91,129 cash to close. Return on cash invested measures 24.66% in year one, and rental yield registers 9.24% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 128.58% and total cumulative return in cash totals $117,171. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,116/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74016, Chelsea, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,729 (100%) |
| Owner Occupied HU | 1,772 (64.9%) |
| Renter Occupied HU | 664 (24.3%) |
| Vacant Housing Units | 293 (10.7%) |
| Median Home Value | $213,781 |
| Average Home Value | $248,220 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,402
Multi-Family
11
Businesses
141
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Listed by: Brian Evans • United Country - OK Lifestyle
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2433492
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.