2516 W Main St SCollinsvilleOK74021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Collinsville at 2516 W Main St S, Collinsville, OK, 74021 at $278,500 posts ROI 28.01% with $623/mo cash flow from $2,431/mo rent. Total monthly income equals $2,431/mo, and annual cash flow records $7,481/yr on $92,323 to close. Return on cash invested measures 28.01% and rental yield reads 10.47% at the current $278,500. Equity gained on principal adds $1,797/yr, and 5% annual appreciation supports $76,944 by year five. Five-year ROI prints 146.71% and total cumulative return in cash totals $135,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,431/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,013 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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Listed by: Larry Pennington • Pennington & Assoc Realtors
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2433983
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.