260 SE 2nd StKrebsOK74554
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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 Krebs at 260 SE 2nd St, Krebs, OK, 74554 generates $942/mo in rent and, after a $578/mo payment, leaves $188/mo in cash flow. Total monthly income is $942/mo, and annual cash flow is $2,256/yr on $39,117 invested. Return on cash invested sits at 25.68% in year one, and rental yield is 9.58% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 134.01% and total cumulative return in cash sums $52,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $942/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74554, Krebs, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 153 (50.5%) |
| Renter Occupied HU | 83 (27.4%) |
| Vacant Housing Units | 67 (22.1%) |
| Median Home Value | $120,076 |
| Average Home Value | $146,830 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
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Listed by: Jeremy Cowden • Keller Williams SEOK
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2516478
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.