28013 E 118th Pl SCowetaOK74429
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 28013 E 118th Pl S, Coweta, OK, 74429 in Coweta speaks for itself: 10.91% gross on a $246,644 price, generating $2,243/mo in rent and $642/mo in net income after the $1,109/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,700 stacks alongside $68,143 in projected five-year appreciation and $2,272/yr in principal reduction. Projected total cumulative return: $135,219.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $642 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,243 |
| Total Monthly Debt Service | $1,503 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
6,054 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
6,054 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moriah Simmons • Ryon & Associates, Inc.
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2613485
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.