28284 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 28284 E 118th Pl S, Coweta, OK, 74429 earns $656/mo cash flow from $2,226/mo rent with a $1,183/mo payment. Total monthly income totals $2,226/mo, and annual cash flow totals $7,877/yr on $80,120 capital. ROI tracks 29.74% on current figures, and rental yield reads 11.05% at a $241,690 purchase. Equity gained on principal adds $1,560/yr, and 5% annual appreciation supports $66,774 over five years. Five-year ROI reaches 156% and total cumulative return in cash sums $124,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,226/mo property income instead of your personal income.
Single Family
Built in 2025
5,488 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: #2535256
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.