28010 E 118th Pl SCowetaOK74429
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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 Coweta at 28010 E 118th Pl S, Coweta, OK, 74429 uses $75,168 cash to close to unlock $8,960/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,110/mo payment keeps the spread at $747/mo. Purchase price stands at $226,750, and rental yield measures 11.75% with $2,221/mo rent. Return on cash invested shows 31.83% in year one, and 5% annual appreciation builds toward $62,647 over five years. Five-year ROI reaches 167.19% and total cumulative return in cash records $125,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,110/mo payment rather than investor’s personal income.
Single Family
Built in 2026
6,621 sqft lot
$N/A/sqft
$313 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74429, Coweta, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,264 (100%) |
| Owner Occupied HU | 5,386 (74.1%) |
| Renter Occupied HU | 1,502 (20.7%) |
| Vacant Housing Units | 376 ( 5.2%) |
| Median Home Value | $285,909 |
| Average Home Value | $313,468 |
Housing Distribution
Address Breakdown
Residential
6,674
Single Family
6,482
Multi-Family
192
Businesses
365
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Listed by: Moriah Simmons • Ryon & Associates, Inc.
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2550160
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.