2610 Elgin StMuskogeeOK74401
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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 Muskogee at 2610 Elgin St, Muskogee, OK, 74401 listed at $171,900 pairs $1,450/mo rent with a $841/mo payment to leave $353/mo cash flow. Total monthly income runs $1,450/mo, and annual cash flow reaches $4,231/yr on $56,985 cash to close. Return on cash invested measures 27.33% in year one, and rental yield registers 10.12% at a $171,900 basis. Equity gained on principal adds $1,109/yr, and annual property appreciation at 5% supports $47,493 by year five. Five-year ROI tracks 142.95% and total cumulative return in cash totals $81,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74401, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,409 (44.2%) |
| Renter Occupied HU | 3,131 (40.6%) |
| Vacant Housing Units | 1,164 (15.1%) |
| Median Home Value | $161,137 |
| Average Home Value | $195,312 |
Housing Distribution
Address Breakdown
Residential
6,981
Single Family
6,205
Multi-Family
776
Businesses
1,004
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Listed by: Tamara Cavin • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2526547
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.