2618 W 115th St SJenksOK74037
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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 Jenks at 2618 W 115th St S, Jenks, OK, 74037 offers a 9.2% rental yield on a $385,000 purchase with $2,951/mo rent. Total monthly income registers $2,951/mo, and a $1,884/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,913/yr on $127,628 to close, and return on cash invested stands at 24.54% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 127.94% and total cumulative return in cash at $163,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,951/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74037, Jenks, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,439 (100%) |
| Owner Occupied HU | 6,423 (68.0%) |
| Renter Occupied HU | 2,388 (25.3%) |
| Vacant Housing Units | 628 ( 6.7%) |
| Median Home Value | $312,672 |
| Average Home Value | $388,624 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
8,572
Multi-Family
332
Businesses
940
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