28416 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 28416 E 118th Pl S, Coweta, OK, 74429 listed at $219,200 pairs $1,800/mo rent with a $1,073/mo payment to leave $400/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $4,800/yr on $72,665 cash to close. Return on cash invested measures 26.52% in year one, and rental yield registers 9.85% at a $219,200 basis. Equity gained on principal adds $1,414/yr, and annual property appreciation at 5% supports $60,561 by year five. Five-year ROI tracks 138.6% and total cumulative return in cash totals $100,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,073/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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