24935 Patterson RdTecumsehOK74873
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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 Tecumseh at 24935 Patterson Rd, Tecumseh, OK, 74873 generates $1,440/mo in rent and, after a $954/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $2,341/yr on $64,643 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 8.86% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 122.59% and total cumulative return in cash sums $79,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74873, Tecumseh, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,812 (100%) |
| Owner Occupied HU | 3,009 (62.5%) |
| Renter Occupied HU | 1,286 (26.7%) |
| Vacant Housing Units | 517 (10.7%) |
| Median Home Value | $180,208 |
| Average Home Value | $225,997 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,809
Multi-Family
11
Businesses
235
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