2581 Forest Glen DrChoctawOK73020
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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 Choctaw at 2581 Forest Glen Dr, Choctaw, OK, 73020 listed at $500,000 pairs $3,436/mo rent with a $2,447/mo payment to leave $243/mo cash flow. Total monthly income runs $3,436/mo, and annual cash flow reaches $2,918/yr on $165,750 cash to close. Return on cash invested measures 21.67% in year one, and rental yield registers 8.25% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 112.56% and total cumulative return in cash totals $186,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,436/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
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