2896 Clarke StChoctawOK73020
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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 Choctaw at 2896 Clarke St, Choctaw, OK, 73020 uses $59,670 cash to close to unlock $4,842/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $881/mo payment keeps the spread at $404/mo. Purchase price stands at $180,000, and rental yield measures 10.35% with $1,553/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 146.65% and total cumulative return in cash records $87,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1933
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73020, Choctaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 7,981 (79.3%) |
| Renter Occupied HU | 1,499 (14.9%) |
| Vacant Housing Units | 588 ( 5.8%) |
| Median Home Value | $316,131 |
| Average Home Value | $343,551 |
Housing Distribution
Address Breakdown
Residential
9,823
Single Family
9,529
Multi-Family
294
Businesses
466
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